Question: please show all work with 4 decimal points on calculator and steps using a BA II plus finance calculator 12. You want to invest $12,500

please show all work with 4 decimal points on calculator and steps using a BA II plus finance calculator please show all work with 4 decimal points on calculator and steps

12. You want to invest $12,500 per year for the next 40 years. You are offered an investment plan that will pay you 7.25% APR for the next 20 years and 8.50% APR for the last 20 years. How much will you have at the end of 40 Years? Assume that the cash flows happen at the end of the period. (4 Points) 13. Suppose you buy an 8% percent annual coupon bond for $1,100. The bond has 10 years to maturity. The interest is paid once a year. Five years from now, the interest rates have increased by 3% and you decide to sell the bond. What price will the bond sell for? What is the percent rate of return (holding period return HPY) on your investment? (4 Points)

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