At the beginning of his current tax year, david invests $12,000 in original issue u. s. treasury bonds with a $10,000 face value that mature in exactly 10 years. david receives $700 in interest ($350 every six months) from the treasury bonds during the current year, and the yield to maturity on the bonds is 5 percent. (round your intermediate calculations to the nearest whole dollar amount.)a) how much interest income will he report this year if he elects to amortize the bond premium? b) how much interest will he report this year if he does not elect to amortize the bond premium?

Over the past several years, joyce chen has been able to save regularly. as a result, today she has $54,188 in savings and investments. she wants to establish her own business in 5 years and feels she will need $100,000 to do so. a. if she can earn 6% on her money, how much will her $54,188 in savings/investments be worth in 5 years? will joyce have the $100,000 she needs? if not, how much more money will she need? b. given your answer to part a, how much will joyce have to save each year over the next 5 years to accumulate the additional money? assume she can earn interest at a rate of 6%. c. if joyce can afford to save only $4,000 a year then, given your answer to part a, will she have the $100,000 she needs to start her own business in 5 years?