Which of these three options is the better investment? Use the same P and t value throughout. a. An account that earns 8.2% interest compounding semi-annually b. An account that earns 8.17% interest compounding monthly c. An account that earns 8.15% interest compounding daily 43 3. Assume you want to invest $1000 at the END of every year for the next 5 years. 44 asa. What is the future value in year 5, if interest is compounded annually? 46 47 b. What is the future value in year 5 if interest is compounded semiannually? HINT Future Value MUST use EFF for your interest rate 0 14. Rework question 3, assuming payments are made at the BEGINNING of each period. HINT a. What is the future value in year 5, if interest is compounded annually? b. What is the future value in year 5 if interest is compounded semiannually? Future Value MUST use EFF for your interest rate Consider the following information related to the balance of payments. Make sure you understand that these are the dollar values of each item. You will need to think about whether they show up as a positive or a negative value in the balance of payments. Give all answers to two decimals. (in millions of Item dollars) Exports of goods and services 300.00 Foreign-owned financial assets in U.S. 180.00 Foreign-owned real assets in U.S. 267.00 Imports of goods and services 390.00 Income payments 150.00 Income receipts 225.00 US-owned financial assets abroad 312.00 U.S.-owned real assets abroad 120.00 The trade balance is million dollars.