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help with the last part please . 15-38 (similar to) Question Help Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the

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. 15-38 (similar to) Question Help Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $5,000 is deposited initially at 8% annual interest for 8 years, and (2) determine the effective annual rate (EAR). Annual Compounding (1) The future value, FV, is $ 9254.65. (Round to the nearest cent.) (2) If the 8% annual nominal rate is compounded annually, the EAR is 8 % (Round to two decimal places.) Semiannual Compounding (1) The future value, FV, is $ 9364.91. (Round to the nearest cent.) (2) the 8% annual nominal rate is compounded semiannually, the EARIS 8.16 %. (Round to two decimal places.) Quarterly Compounding (1) The future value, FV,, is $ 6341.21 (Round to the nearest cont.) Enter your answer in the answer box and then click Check Answer. part

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