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What is the future value of $24,000 (deposited today, no other deposits made after eighteen years assuming 5.90% annual rate, with semi-annual compounding? What is

What is the future value of $24,000 (deposited today, no other deposits made after eighteen years assuming 5.90% annual rate, with semi-annual compounding?


 What is the effective annual rate (EAR) for 5.90% annual interest, with interest compounded on a semiannual basis? Be sure to show your EAR answer to 2 decimals, that is xx.xx%


What is the future value of $24,000 (as above) after eighteen years assuming 5.90% annual rate, with quarterly compounding?


What is the effective annual rate (EAR) for 5.90% annual interest rate with quarterly compounding?


 What is the future value of $24,000 (as above) after eighteen years assuming 5.90% annual interest, with daily compounding? Assume a 365-day year and no interim rounding.

 What is the effective annual rate for 5.90% (APR) annual interest with daily compounding?


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