4) Grandma initially deposited $10,000 in an account 20 years ago, and it earned a 12% annual interest rate. If the account was compounded monthly, instead of annually, how much would be in the account now? A) $95,453.20 B) SO C) $10,000 D) $205,052.20 E) $108,925.54 12) In TVM, typically you find the following compounding periods (compounding frequency per year. What does 365 times per year mean? A) Annual B) Daily C) Weekly D) Quarterly E) Monthly c