2. You have invested $8,000 in a 5-year bank certificate of deposit that provides an 8% rate of return each year. (a) Caleulate the additional interest that will be earned if there is quarterly compounding rather than annual compounding. (b) Calculate the annual percentage rate assuming quarterly compounding (c) Summarize the answer to part (b) in one sentence. (d) Demonstrate your answer to part (d) by providing a new future value calculation