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Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $8,000 is deposited initially at (EAR). 11% annual interest

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Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $8,000 is deposited initially at (EAR). 11% annual interest for 9 years, and (2) determine the effective annual rate Annual Compounding (1) The future value, FWS(Round to the nearest cent.)

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