qua Changing compounding frequency Using annual, semiannual and quarterly compounding periods (1) calculate the future value determine the effective annual rate (EAR) $5,000 is deposited initially at 12% annual interest for 5 years, and 2 Annual Compounding (1) The future value, FV, is 5 (Round to the nearest cent) (2) If the 12% annual nominal rate is compounded annually, the EAR IS %. (Round to two decimal places) Semiannual Compounding (1) The future value, FVnis $ (Round to the nearest cent.) (2) of the 12% annual nominal rate is compounded semiannually, the EAR IS % (Round to two decimal places.) Quarterly Compounding (1) The future value, FV, is 5 (Round to the nearest cent) (2) If the 12% annual nominal rate is compounded quarterly, the EARS 1% (Round to two decimal places) nual, 5 dep .b. and qu tially a olindi Enter your answer in each of the answer boxes