Compounding frequency, time velue, and effective annual rates For each of the cases in the following table, n. Calculate the future value at the end of the specified deposit period. b. Detormine the effoctive annual rate, EAR. c. Compare the nominal annual rate, r, to the effective annual rate, EAR. What relationship exists between compounding froquency and the nominal and effective annual rates? a. The future value of case A at the end of year 5 is 3 (Round to the nearest cent,) \begin{tabular}{cccccc} \hline Case & Amount of initial deposit & Nominal annual rate, r & Compounding frequency, m (times/year) & Deposit period (years) \\ \hline A & $2,300 & 8% & 3 & 5 \\ B & $51,000 & 12% & 4 & 5 \\ C & $1,100 & 7% & 2 & 12 \\ D & $19,000 & 16% & 4 & 8 \\ \hline \end{tabular}