Part 1 of 6 Homework: Cha... Question 11, P5-38 (simil... HW Score: 46.15%, 6 of 13 points Points: 0 of 1 Save Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $9,000 is deposited initially at 11% annual interest for 7 years, and (2) determine the effective annual rate (EAR) Annual Compounding (1) The future value, FV, is $. (Round to the nearest cont.) GOOD