Home - Students 5-2 MyFinanceLab Assignment - FIN-520- Homework: 5-2 MyFinanceLab Assignment Score: 0 of 4 pts 5 of 12 (4 complete) P5-6 (similar to) (Related to Checkpoint 5.2) (Compound interest with non-annual periods) You just received a bonus of $2,000. a. Calculate the future value of $2,000, given that it will be held in the bank for 6 years and earn an annual interest rate of 8 percent. b. Recalculate part (a) using a compounding period that is (1) semiannual and (2) blmonthly C. Recalculate parts (a) and (b) using an annual interest rate of 16 percent. d. Recalculate part (a) using a time horizon of 12 years at an annual interest rate of 8 percent. e. What conclusions can you draw when you compare the answers in parts (c) and (d) with the answers in parts (a) and (b)? a. What is the future value of $2,000 in a bank account for 6 years at an annual interest rate of 8 percent? $ (Round to the nearest cent.)