Compounding frequency, time value, and effective annual rates For each of the cases in the following table, a. Calculate the future value at the end of the specified deposit penod b. Determine the effective annual rate, EAR c. Compare the nominal annual rater to the effective annual rate, EAR What relationship exists between compounding frequency and the nominal and effective annual rates? a. The future value of case A at the end of year 7 is $ (Round to the nearest cent) Data Table A (Click on the icon here in order to copy the contents of the data table below into a spreadsheet) Case A B D 6% Amount of Nominal initial deposit annual rate, $2,700 $51,000 13% $1,000 7% $18,000 15% Compounding frequency, m (times/year) 3 4 2 3 Deposit period (years) 7 3 12 8 Print Done Enter your answer in the answer box amur tie CITOR UNOR ASwem