k to Assignment Attempts Keep the Highest / 2 16. Problem 5.36 (Nonannual Compounding) E eBook a. You plan to make five deposits of $1,000 each, one every 6 months, with the first payment being made in 6 months. You will then make no more deposits ir the bank pays 10% nominal interest, compounded semiannually, how much will be in your account after 3 years? Do not found intermediate calculations Round your answer to the nearest cent. $ b. One year from today you must make a payment of $8,000, To prepare for this payment, vou plan to make two equal quarterly deposits at the end of Quarters 1 and 2) in a bank that pays 10% nominal interest compounded quarterly. How large must each of the two parmente del confround Intermediate calculations. Round your answer to the nearest cent. Grade it Now Save & Continue