Question: help me understand the future value Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $9,000 is deposited

help me understand the future value

Changing compounding frequency Using annual, semiannual, and quarterly compounding periods, (1) calculate the future value if $9,000 is deposited initially at 11% annual interest for 7 years, and (2) determine the effective annual rate (EAR) Annual Compounding (1) The future value, FVn, is $ (Round to the nearest cent.)

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