Reference no: EM131953782
Bond returns & yields 8% 5 year bond yields 6. What is the total return to an investor who held the bond over this year?
a. What is the future value in six years of $1,400 invested in an account with an annual percentage rate of 9 percent, compounded annually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value $
b. What is the future value in six years of $1,400 invested in an account with an annual percentage rate of 9 percent, compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value $
c. What is the future value in six years of $1,400 invested in an account with an annual percentage rate of 9 percent, compounded monthly? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value $
d. What is the future value in six years of $1,400 invested in an account with an annual percentage rate of 9 percent, compounded continuously? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Future value $