A $1,000 par value bond was issued five years ago at a 12 percent coupon rate. It currently has 25 years remaining to maturity. Interest rates on similar debt obligations are now 14 percent. Use Appendix B and Appendix D for an approximate answer but calculate your final answer using the formula and financial calculator methods.

a. $862.06

b. 0.1379 or 13.79%

c. 0.1600 or 16.00%

Step-by-step explanation:

Please see attachment

(a) common ratio in the given sequence is, 3

(b) push ups will do kendall do on the 20th week

step-by-step explanation:

geometric sequence is a sequence of numbers that follows a pattern were the next term is found by multiplying by a constant called the common ratio(r)

(a)

given the sequence: 6 , 18 , 54 , 162 ,

this sequence is geometric sequence where each term is 3 times the previous term.

therefore,

common ratio(r) = 3.

(b)

a formula for nth term of geometric sequence is given by;

,   where r is the common ratio between the successive terms and is the first term,

to find how many push ups will kendall do on the 20th week.

here. n = 20th term.

in the given sequence first term

then;

simplify:

therefore, push ups will do kendall do on the 20th week