As the owner of a savings​ bond, you are entitled to receive a payment from the​ bond's issuer equal to the face value of the bond upon maturity. You are considering purchasing a savings bond that will pay the face value of $1,000 in 10 ​years, the​ bond's maturity. If the current interest rate is 2%​, what should you be willing to pay today for the​ bond?
1). The amount that you should pay today for the bond is ?