You want to buy a 13-year bond with a maturity value of $10,000, and you wish to get a return of 7.25% annually. How much will you pay? (Round your answer to the nearest cent.)

____$

Calculate, to the nearest cent, the future value FV (in dollars) of an investment of $10,000 at the stated interest rate after the stated amount of time.

3.5% per year, compounded quarterly (4 times/year), after 7 years

FV $______