Future Value of an Annuity for Various Compounding Periods Find the future values of the following ordinary annuities. FV of $200 each 6 months for 4 years at a nominal rate of 8%, compounded semiannually. Do not round intermediate calculations.

Round your answer to the nearest cent. $ 2127.33 **incorrect** why is this wrong?

FV of $100 each 3 months for 4 years at a nominal rate of 8%, compounded quarterly. Do not round intermediate calculations. Round your answer to the nearest cent. $