Determine the amount of money in a savings account at the end of 10 years, given an initial deposit of $8,000 and an annual interest rate of 8 percent when interest is compounded: Use Appendix A for an approximate answer, but calculate your final answer using the formula and financial calculator methods. (Do not round intermediate calculations. Round your final answers to 2 decimal places.)

Future Value

a: Annually

b: Semiannually

c: Quarterly