pays an annual interest rate of 6% ntends to deposit $360 per year in a credit union for the next 9 years, and the credt union a. Determine the (1) 5360 is deposited annually and the credit union pays interest annually that end-of-period deposits are made and no interest is withdrawn, if (2) 5180 is deposited semiannually and the credit union pays interest semiannually (3) 590 is deposited quarterly and the credit union pays interest quarterly b. 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 annualy nearest cent) (2) If $180 is deposited semiannually and the credit union pays interest semiannually, the future value that Janet will have at the end of 9 years is (Round to the nearest cent) (3) If $90 is deposited quarterly and the credit union pays interest quarterly, the future value that Janet will have at the end of 9 years is (Round to the nearest cent.) b. 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 (Select from the drop-down menus) the future sum will be The sooner a deposit is made the the funds will be available to earn interest and contibute to compounding and the Enter your answer in each of the answer boxes