Examine the given screen from the online TVM Solver and answer the following questions:

$\backslash$table$[[$Name$,$Value,Compute$],[$Present Value,$500\mathrm{.}00,$PV$],[$Future Value,$-597\mathrm{.}81,$FV$],[$Number of Payments,$12\mathrm{.}00,$NP$],[$Payment Amount,$0\mathrm{.}00,$PMT$],[$Interest Rate per period, $\%,1\mathrm{.}500000,$IR$],[$Payment At:$,\backslash$table$[[$End$],[$mplete$.]],]]$

$($a$)$ What is the compounding frequency if the term is $6$ years? $[$C:$1]$

$($b$)$ What are the annual interest rate and the term if interest is compounded quarterly? $[$C: $2]$

$($d$)$ Why is the future value negative? $[$C: $1]$