date price Future Value interest rate $25 $50 4 0 12 31 1991 $50 $100 6 0 12 31 1992 $50 $100 3 0 12 31 1993 $25 $50 4 0 12 31 1994 $25 $50 5 0 12 31 1995 $50 $100 3 0 12 31 1996 $50 $100 4 0 12 31 1997 $25 $50 3 0 12 31 1998 $25 $50 6 0 12 31 1999 $25 $50 6 0 12 31 2000 $50 $100 5 0 12 31 2001 $50 $100 3 0 TOTAL $450 Table is above order of goes from left to right starting with date and year for each bond Note The bonds continue earning interest past their maturity dates What is the current value of the bond that was issued on 12 31 1990 (Round to the nearest cent )

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Question: date / price / Future Value / interest rate $25 $50 4.0% ? 12/31/1991 $50 $100 6.0% ? 12/31/1992 $50 $100 3.0% ? 12/31/1993 $25

date / price / Future Value / interest rate $25 $50

date / price / Future Value / interest rate

	$25	$50	4.0%	?
12/31/1991	$50	$100	6.0%	?
12/31/1992	$50	$100	3.0%	?
12/31/1993	$25	$50	4.0%	?
12/31/1994	$25	$50	5.0%	?
12/31/1995	$50	$100	3.0%	?
12/31/1996	$50	$100	4.0%	?
12/31/1997	$25	$50	3.0%	?
12/31/1998	$25	$50	6.0%	?
12/31/1999	$25	$50	6.0%	?
12/31/2000	$50	$100	5.0%	?
12/31/2001	$50	$100	3.0%	?
TOTAL	$450

Table is above order of goes from left to right starting with date .

and year for each bond. Note: The bonds continue earning interest past their maturity dates. What is the current value of the bond that was issued on 12/31/1990? (Round to the nearest cent.)

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