2.) What is the FV of $7,189 invested for 23 years at a 9.25% (annual rate) when compounded monthly? ( 2 points) a) What is the FV when compounded annually? (1 point) b) Compute the EAR for a) and b). (2 point) 3.) You can buy a piece of equipment with a new technology in 5 years once the technology is completed for $50,000. You can eam 5% per year. How much should you deposit today in order to buy the equipment in 5 years? (5 points)