you have in 30 years? 6. Suppose you save $500 every weekmanotoncel to your bank account. The bank pays you 3% compounded weekly to the same account. How much money will you have in your bank account in 35 years? (Note: there are 52 weeks in a year) 7. Suppose you buy a 30 year zero coupon bond with a face value of $1000 and a 4% annual i terest rate, compounded semi-annually. The moment after you buy the bond, the interest rate falls to 3%, compounded semi- annually. What is the percent change in the bond price? 8. A bank offers a 30 year annuity, with monthly payments of $2,000 starting 1 year from today. If the annual discount rate is 5%, compounded monthly, how much should this annuity cost today