Question: Assignment 10.1. Calculating Future Value with Yearly Compounding- Your nonprofit organization has received a restricted fund of $100,000 to be used in 5 years. You

Assignment 10.1. Calculating Future Value with Yearly Compounding- Your nonprofit organization has received a restricted fund of $100,000 to be used in 5 years. You can deposit it in a bank to earn 6% interest compounding yearly. How much will you have in 5 years?

Assignment 10.2. Calculating Future Value with a Faster Compounding Scheme- Your nonprofit organization has received a restricted fund of $100,000 to be used in 5 years. You negotiated with the bank for a 6% yearly interest rate, but it is compounded on a monthly basis. How much will you have in 5 years? How does this compounding scheme compare to the future value calculated in Assignment 10.1? What are your conclusions regarding the benefits and drawbacks of the future value of large investments, more frequent compounding periods, and longer investment horizons?

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