nuities and compounding Personal Finance Problem Janet Boyle intends to deposit $220 per year in a credit union for the next 9 years, and the credit union pays an annual interest rate of 12% Determine the future value that Janet will have in 9 years, given that end-of-period deposits are made and no interest is withdrawn f (1) $220 is deposited annually and the credit union pays interest annually (2) $110 is deposited semiannually and the credit union pays interest semiannually (3) 555 is deposited quarterly and the credit union pays interest quart Use your finding in part a to discuss the effect of more frequent deposits and compounding of interest on the future value of an annuity (1) If $220 is deposited annually and the credit unien pays interest annualy, the future value that Janet will have at the end of 5 years is Show and deten Round (Round to the cent is 1511 o deposited semiannually and the credit umen pays mer semnty the tue value that Janet will have at the end of 5 years (3) 555 is deposited quarterly and the credit union pays interest quarterly, the future value that Janet will have at the end of Sy h. Use your finding parta to discuss the affect of more frequent deposits and compounding of interest on the he sale of an anty bow the dan The sooner a deposit is made the tie funds will be avalabis to se interest and commute to compounding and the the be