Homework: Chapter 5 HW Save Score: 0 of 1 pt 18 of 22 (17 complete) HW Score: 70.45%, 15.5 of 22 pts P5-39 (similar to) Question Help Compounding frequency, time value, and effective annual rates for each of the cases in the following table, a. Calculate the future value at the end of the specified deposit period b. Determine the effective annual rate, EAR c. Compare the nominal annual rate, to the effective annual rate, EAR What relationship exists between compounding frequency and the nominal and effective annual rates? a. The future value of case at the end of year 5 is $. (Round to the nearest cent.) Data Table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Compounding Deposit Amount of Nominal frequency, m period Case Initial deposit annual rate, (times/year) (years) $2,300 6% 3 5 D $50,000 13% 4 3 $1,000 7% 1 12 D $18,000 15% 3 B Print Done Enter your answer in the answer box and then click Check