A $1000 face value compound-interest Series S96 Canada Savings Bond was redeemed on March 14, 2010. What

Question:

A $1000 compound-interest Series S96 Canada Savings Bond was redeemed on March 14, 2010. What amount did the bond’s owner receive? (Obtain the issue date and the interest rates paid on the bond from Table 8.2.)
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...