Homework: Chapter 5 Homework Score: 0.33 of 1 pt 1 8 of 11 (10 complete) HW Score: 67.86%, 7.46 of P5-36 (similar to) A Question Help Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $7,000 is deposited initially at 9% annual interest for 5 years, and (2) determine the effectiv annual rate (EAR). Annual Compounding (1) The future value, FV, is $. (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. 5 parts Clear All remaining Check