Question: QUESTION 9 Jose now has $500. How much would he have after 6 years if he leaves it invested at 6.2 % with annual compounding?

QUESTION 9 Jose now has $500. How much would he have

QUESTION 9 Jose now has $500. How much would he have after 6 years if he leaves it invested at 6.2 % with annual compounding? a. $638.42 b. $738.85 c. $710.15 d. $602.55 e. $717.33 QUESTION 10 Suppose a State of New York bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 4.4%, how much is the bond worth today? a. $773.65 b. $812.65 c. $630.62 d. $650.12 e. $806.15

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