What is the future value of 5700 invested for 18 years at 9


1. What is the future value of $5700 invested for 18 years at 9% compounded annually?

A. $28511.15

B. 26887.59

C. 27520.22

D. 27513.06

E. 26397.74

2. A bond's annual interest divided by its face value is

A. Call rate

B. Market rate

C. Yield to maturity

D. Current yield

E. coupon rate

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Financial Management: What is the future value of 5700 invested for 18 years at 9
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