. Calculate the future value if each of the following items. Round all answers to the nearest whole number.

a. $50,000 deposited in a savings account for ten years if the annual interest rate is

1. Twelve percent compounded annually. $Answer

2. Twelve percent compounded semiannually. $Answer

3. Twelve percent compounded quarterly. $Answer

b. $5,000 received at the end of each year for the next ten years if the money earns interest at the rate of four percent compounded annually. $Answer

c. $3,000 received semiannually for the next five years if the money earns interest at the rate of eight percent compounded semiannually. $Answer

d. $1,000 deposited each year for the next ten years plus a single sum of $15,000 deposited today if the interest rate is ten percent per year compounded annually. $Answer