Question 1 If I buy 5 $1,000 bonds at face value now and they mature in 5 years

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Question 1
If I buy 5 $1,000 bonds at face value now and they mature in 5 years with an 8% coupon paid annually on the anniversary of purchase; answer the following:
How much is the coupon for one bond?
Question 1 options:

a)$95
b)$100
c)$80
d)$70
e)$50
f)$85
g)$65

Question 2
If I buy 5 $1,000 bonds at face value now and they mature in 5 years with an 8% coupon paid annually on the anniversary of purchase; answer the following:
How much interest do I earn altogether over the 5 years?
Question 2 options:

a)$450
b)$500
c)$8000
d)$6500
e)$2000
f)$650
g)$2500

Question 3
If I put $5,000 in a savings account that yields 7% interest, compounded monthly, how much will I have in:
5 years?
Question 3 options:

a)$7,107.22
b)$7,076.81
c)$7,321.38
d)$7,088.13
e)$7,423.47
f)$7,704.18
g)$8,107.16

Question 4
If I put $5,000 in a savings account that yields 7% interest, compounded monthly, how much will I have in:
10 years?
Question 4 options:

a)$10,121.37
b)$10,048.31
c)$11,106.19
d)$10,076.81
e)$11,704.18
f)$11,123.47
g)$10,097.23

Question 5
If I put $5,000 in a savings account that yields 7% interest, compounded monthly, how much will I have in:
30 years?
Question 5 options:

a)$40,106.87
b)$40,582.49
c)$40,456.71
d)$40,181.17
e)$41,123.07
f)$41,708.84
g)$41,078.31

Question 6 (1 point)
I want to buy a new Gumpert Apollo sports car and a bank has agreed to allow me to finance the full amount. Given the purchase price of $275,000 what will my monthly payment be if I finance for 5 years at 6.5% annually? (You can assume that compounding is also monthly)
Question 6 options:

a)$4,927.98
b)$5,099.96
c)$5,380.69
d)$5,225.98
e)$5,557.87
f)$5,822.13
g)$5,092.18

Question 7
What is the Effective Interest rate if the annual rate is 8% compounded:
Quarterly?
Question 7 options:

a)8.30%
b)8.17%
c)8.41%
d)8.33%
e)8.05%
f)8.24%
g)8.00%

Question 8
What is the Effective Interest rate if the annual rate is 8% compounded:
Monthly?
Question 8 options:

a)8.00%
b)8.41%
c)8.17%
d)8.30%
e)8.24%
f)8.33%
g)8.05%

Question 9
What is the Effective Interest rate if the annual rate is 8% compounded:
Weekly?
Question 9 options:

a)8.32%
b)8.00%
c)8.24%
d)8.30%
e)8.17%
f)8.05%
g)8.41%

Question 10
What is the Effective Interest rate if the annual rate is 8% compounded:
Daily(365)?
Question 10 options:

a)8.15%
b)8.33%
c)8.41%
d)8.30%
e)8.00%
f)8.05%
g)8.24%

Explanation / Answer

Hi i have solved this question in my notebook, but i can't type it and post it here because there's no time... please rate me lifesaver and i'll make sure the answer is in your inbox! i don't do this generally but i am doing this due to lack of time...

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