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Annual Compounding ( 1 ) The future value, F V n , is $ ? ? ( Round to the nearest cent. ) ( 2

Annual Compounding
(1) The future value, FVn, is $??(Round to the nearest cent.)
(2) If the 8% annual nominal rate is compounded annually, the EAR is %.(Round to two decimal places.)
Semiannual Compounding
(1) The future value, FVn, is : (Round to the nearest cent.)
(2) If the 8% annual nominal rate is compounded semiannually, the EAR is 6.(Round to two decimal places.)
Quarterly Compounding
(1) The future value, FVn, is : (Round to the nearest cent.)
(2) If the 8% annual nominal rate is compounded quarterly, the EAR is %.(Round to two decimal places.)
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