P5-39 (similar to) Question Help Compounding frequency, time value, and effective annual rates for each of the cases in the following table 1 a. Calculate the future value at the end of the specified deposit period b. Determine the effective annual rate, EAR 6. Compare the nominal annual rate. I to the effective annual rate. EAR. What relationship exists between compoundeg frequency and the nominal and effective ? 2. The future value of case at the end of year 6 is $. (Round to the nearest cent) Data Table (Click on the icon here in order to copy the contents of the datatable below into a spreadsheet) Compounding frequency Deposit Amount of Nominal period Case initial deposit annual rate, (times year) A $2.400 7% 6 B $48.000 12% 5 $1,200 S% 12 D $18,000 16% Print Done Enter your answer in the answer box and then click Check Answer, 8 remaining parts Clear All CORAL