$15,000 is deposited for 4 years in an account earning 8% interest. Calculate the future value of the investment if interest is compounded semiannually. ANS.$20,528.54 2.A bond with an $8000 face...

1. $15,000 is deposited for 4 years in an account earning 8% interest. Calculate the future value

of the investment if interest is compounded semiannually.ANS.$20,528.54

2.A bond with an $8000 face value has a 3.5% coupon and a 3-year maturity. What is the total

of the interest payments paid to the bondholder? ANS.$840

ANSWERS ARE GIVEN. I JUST NEED TO KNOW THE SOLUTION. THANKS