(Compound interest with nonanncral periods) a. Calculate the future sum of $6,000, given that it will be held in the bank for 8 years at an APR of 7 percent. b. Recalculate part a using compounding periods that are (1) semiannual and (2) bimonthly (every two months). c. Recalculate parts a and b for an APR of 14 percent. d. Recalculate part a using a time horizon of 16 years (the APR is still 7 percent). a. What is the future sum of $6,000 in a bank account for 8 years at an APR of 7 percent? (Round to the nearest cent.) b. What is the future sum of $6,000 in a bank account for 8 years at an APR of 7 percent compounded semiannually? (Round to the nearest cent.) What is the future sum of 56,000 in a barik account for 8 years at an APR of 7 percent compounded birmonthly (every two months)? (Round to the nearest cent.) c. What is the future sum of $8,000 in a bank account for 8 years at an APR of 14 percent? (Round to the nearest cent.) What is the future sum of $6,000 in a bank account for 8 years at an APR of 14 percent compounded semiannually? (Round to the nearest cent.) What is the future sum of $6,000 in a bank account for 8 years at an APR of 14 percent compounded bimonthly (every two months)? (Round to the nearest cent.) d. What is the future sum of S6,000 in a bank account for 16 years at an APR of 7 percent