Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $6,000 is deposited initially at 11% annual interest for 5 years, and (2) determine the effective annual rate (EAR) Annual Compounding (1) The futuro volun, FV. (Round to the nearest cent) (2) u tho 11% annual nominal roto is compounded annually, the EAR0 % (Round to two decimat places) Semana Compounding (1) The future value, FV (Round to the nearest cent (2) If the 11% annual nominal roto in compounded somiannually, the EARIS Round to two decimal place) Quarterly Compounding (1) The future value. FV. (Round to the nearest out) (2) If the 11% annual nominal rato in compounded quarterly, the EARL] (Round to two decimal places)