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1. Calculate the future value if each of the following items. Round all answers to the nearest whole number. a. $50,000 deposited in a savings
1. Calculate the future value if each of the following items. Round all answers to the nearest whole number. a. $50,000 deposited in a savings account for ten years if the annual interest rate is $ 1. Twelve percent compounded annually. 155,293 2. Twelve percent compounded semiannually. $ 160,357 3. Twelve percent compounded quarterly. $ 163,102 b. $5,000 received at the end of each year for the next ten years if the money earns interest at the rate of four percent compounded annually. C. $3,000 received semiannually for the next five years if the money earns interest at the rate of eight percent compounded semiannually. $ 0 d. $1,000 deposited each year for the next ten years plus a single sum of $15,000 deposited today if the interest rate is ten percent per year compounded annually. $ 54,843
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