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Find the future values of the following ordinary ennuities: D. FV of $800 pald each 6 months for 5 years at a aominal rate of
Find the future values of the following ordinary ennuities: D. FV of $800 pald each 6 months for 5 years at a aominal rate of 9% compounded semiannually. Do not round intermediate calculations. Round your answer to the nearest cent. 5 b. FV of $400 pald each 3 months for 5 years at a nominat rate of 9% compounded quarterty, Do not round intermediote calcusatiens, Round your onswer to the nearest cent. c. Those annuibes feceive the same amount of cash during the 5 -yoar poriod ond eam interest at the same nominal rate, yet the annuity in part 0 Find the future values of the following ordinary annuities: a. -Select- The nominal deposits into the annuity in part (b) are greater than the nominal deposits into the annuity in part (b). b. The annuty in part (a) is compounded less frequently; therefore, more interest is earned on previously-camed interest. The annuty in pert (a) is compounded more frequenty; therefore, more interest is eamed on previousty - eamed interest. The annuty in part (b) is coinpounded less frequently; therefore, more interest is earned on previously earned interest. c. The annuty in part (b) is compounded moce frequently; therefore, more interest is earned on previousiv-earned interest
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