(Related to Checkpoint 5.2) (Compound interest with non-annual periods) You just received a bonus of $2,000, a. Calculate the future value of $2,000, given that it will be held in the bank for 6 years and earn an annual interest rate of 5 percent b. Recalculate part (a) using a compounding period that is (1) semiannual and (2) bimonthly. c. Recalculate parts (a) and (b) using an annual interest rate of 10 percent d. Recalculate part (a) using a time horizon of 12 years at an annual interest rate of 5 percent. e. What conclusions can you draw when you compare the answers in parts (c) and (d) with the answers in parts (a) and (b)? a. What is the future value of $2,000 in a bank account for 6 years at an annual interest rate of 5 percent? (Round to the nearest cent.) 5-10 (similar to) (Related to Checkpoint 5.2) (Future value) If you deposit $2.700 today into an account aming annual rate of retum of 6 percent what would your account be worth in 20 years ago turther depin 25 a. If you deposit $2.700 today into an account caring an annual rate of return of 6 percent, what would your account be worth in 20 yours? (Round to the nearest cant)