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Calculate the future value of the simple loan

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Please answer by showing mathematical steps and how it would be entered in to a financial calculator.

Calculate the future value of the simple loan below:

1. A simple loan of $2,000 for two years at 4% would require the borrower to repay how much money?

Calculate the interest rate:

2. Justin paid $850 for a zero-coupon bond with a face value of $1,000 that will mature in exactly a year. What interest rate did Justin pay?

Calculate the Yield to Maturity:

3. What is the yield of maturity of a ground rent that pays $70 per year and that currently sells for $800?

Reference no: EM132796917

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