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9 a ) What is the future value of $ 1 8 , 2 5 0 ( deposited today, no other deposits made ) after

9 a) What is the future value of $18,250(deposited today, no other deposits made) after fourteen years assuming 5.28% annual rate, with semi-annual compounding?
b) What is the effective annual rate (EAR) for 5.28% annual interest, with interest compounded on a semiannual basis? Be sure to show your EAR answer to 2 decimals, that is .%
c) What is the future value of $18,250(as above) after fourteen years assuming 5.28% annual rate, with quarterly compounding?
d) What is the effective annual rate (EAR) for 5.28% annual interest rate with quarterly compounding?
e) Explain how the effective annual rate changes based on the number of compounding periods per year.
f) What is the future value of $18,250(as above) after fourteen years assuming 5.28% annual interest, with daily compounding? Assume a 365-day year and do not do any interim rounding.
g) What is the effective annual rate for 5.28%(APR) annual interest with daily compounding?
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