Determine the amount of money in a savings account at the end of four years, given an initial deposit of $7,000 and an 4 percent annual interest rate when interest is compounded (a) annually. (b) semiannually, and a quarterly. (Use a Financial calculator to arrive at the answers. Round the final answers to the nearest whole dollar.) a. Annually b. Semiannually c. Quarterly Future value $ $ $ Calculate the effective annual interest rate of each compounding possibility. (Use a Financial calculator to arrive at the answers. Round the final answers to 2 decimal places.) Effective annual interest rate a. Annually b. Semiannually c. Quarterly