Use the data in Table 8 2 to determine the redemption value of a $500 face value compound interest Series S90 Canada Savings Bond on a November 1, 2009 b April 15, 2010 ...

The S90 CSBs were issued on November 1 2004 a Redemption value of a 5 ...

Use the data in Table 8.2 to determine the redemption value of a $500 face value compound-

Question:

Use the data in Table 8.2 to determine the redemption value of a $500 compound- interest Series S90 Canada Savings Bond on:
a. November 1, 2009.
b. April 15, 2010.
Face Value
Face value is a financial term used to describe the nominal or dollar value of a security, as stated by its issuer. For stocks, the face value is the original cost of the stock, as listed on the certificate. For bonds, it is the amount paid to the...