Question: Question 22 5.25 pts Javier has decided to put $2,000 a year (at the end of each year) into an IRA over his 40-year working

 Question 22 5.25 pts Javier has decided to put $2,000 a
year (at the end of each year) into an IRA over his

Question 22 5.25 pts Javier has decided to put $2,000 a year (at the end of each year) into an IRA over his 40-year working life and then retire. What will Javier have in 40 years (rounded to the nearest dollar) if the account will earn 10.00%, compounded annually? $19.558 O $885,185 $973,704 O $1,038,071 O $1,625,217 Question 21 5.25 pts A bond with a $1,000 face value and a coupon rate of 7.00% has 30 years left until maturity. The bond makes semi-annual coupon payments and the yield to maturity is 9.00%, compounded semi- annually. What will the bond sell for (rounded to the nearest dollar)? O $794 O $814 $839 O $1,000 O $1,248

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