Question Help Your grandmother just gave you $7.000. You'd like to see what it might grow to you investit a. Calculate the future value of 57000. given that it will be invested for 5 years of an annual interest rate of 4% b. Recalculate part (a) using a compounding period that is semiannual (every six months) c. Now let's look at what might happen if you can invest the money at an annual rate of 8% rate rather than a 4%rate: recalculate parts (a) and (b) for an annual interest rate of 8% d. Now let's see what might happen if you invest the money for 12 years rather than 5 years, recalculate part (a) using a time horizon of 12 years (annual interest rate la stw 4%) Click on the table icon to view the FVF tablet a. Calculate the future value of 57 000, given that it will be invested for 5 years at an annual interest rate of 4% If you invest for 5 years at % annually, the future value is ${Round to the nearest cent)