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Find the compound amount for each of the following deposits: 12. $1000 at 6% compounded annually for 8 yr. D$1593.85 c.) $159.40 a.) $1060 d.)$106 13. $15,000 at 6% compounded semiannually for 11 yrs. a.) $28,741.55 b.) $15,450 c.)$ 28,471.00 d.) $15,450.10 Find the amount that should be invested now to accumulate the following amounts, if the money is compounded as indicated. 14. $15,902.74 at 9.8% compounded annually for 7 yrs. b.)$14,483.37 a.)$8000 c.) $8265.24 d.) $14,400.00 15. $8800 at 10% compounded quarterly for 6 yrs. a.)$4865.30 b.) $15916.78 c.) $1593.85 d.)$1515.80 Choose the best answer: 16. It's the amount of time between successive payments is called c.) periodic payments d.) Annuity b.) future value a.) present value 17. Another name for a future value of simple interest is called d.) maturity value b.) simple interest c.) compound interest a.) effective rate 18. When you use the formula A-P (1+r/ m)' vou are asked to find the b.) Effective Rate d.) Sinking Fund c.) Present Value a.) Simple Interest rate or yield. d.) Effective Rate 19. This formula re (1 +i) m1 is used to calculate the a.) Future Value c.) Present Value b.) Compound Interest FILL-IN-THE-CHART: 20.) $1000 is invested at 8% annual rate. The interest is compounded quarterly. Find the amount in the account at the end of each year for three years. Amount in Account End of Year