When Suzie sends an email to a coworker, asking if she could cover her shift, what type of formal communication is being used?

What is the future value in year twenty-five of an ordinary annuity cash flow of $2,000 per year at an interest rate of 10.0% per year?

A) $66,505.81 B) $55,000.00 C) $196,694.12 D) $216,363.53

Blue's Chips Inc. has a $1,000 par value bond that is currently selling for $1,300. It has an annual coupon rate of 7%, paid semiannually, and has nine years remaining until maturity. What is the annual yield to maturity on the bond?

(Round to the nearest whole percentage.) A) 3.15% B) 1.57% C) 3.12% D) 6.24%