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Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, ( 1 ) calculate the future value if $ 6 , 0 0 0 is

Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $6,000 is deposited initially at 11% annual interest for 6 years and (2) determine the effective annual rate (EAR).
Annual Compounding
(1) The future value, FVn, is $ (Round to the nearest cent.)
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