An investor bought an 8% bond at 110. The bond would mature in 8 years. Compute the rate of yield to maturity. (Do not consider commission. Round answer to two decimal places.)

Refer to Mighty Machinery Company. The Mighty Machinery Company has 20 employees participating in the health plan. Four employees are single, five have one dependent, and 11 have multiple dependents. Compute the amount the employees' health coverage cost Mighty Machinery Company last year.​

Marvin hopes to accumulate $1,000,000 in his retirement plan by making equal contributions at the end of each month for 35 years. He is planning to earn 10.8% compounded monthly. What amount should he deposit every month?

A) $119.90
B) $213.87
C) $569.05
D) $963.27
E) $2,380.95