Future Value of an Annuity for Various Compounding
PeriodsFind the future values of the following ordinary annuities.FV of $800 each 6 months for 9 years at a nominal rate of 8%,
compounded semiannually. Do not round intermediate calculations.
Round your answer to the nearest cent.$ FV of $400 each 3 months for 9 years at a nominal rate of 8%,
compounded quarterly. Do not round intermediate calculations. Round
your answer to the nearest cent.$ The annuities described in parts a and b...