(Compound interest with? non-annual periods?) You just received a bonus of ?$2000. a.??Calculate the future value...

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(Compound interest with? non-annual periods?) You just receiveda bonus of ?$2000. a.??Calculate the future value of ?$2000?, giventhat it will be held in the bank for 10 years and earn an annualinterest rate of 4 percent. b.??Recalculate part ?(a?) using acompounding period that is? (1) semiannual and? (2) bimonthly.c.??Recalculate parts ?(a?) and ?(b?) using an annual interest rateof 8 percent. d.??Recalculate part ?(a?) using a time horizon of 20years at an annual interest rate of 4 percent. e.??What conclusionscan you draw when you compare the answers in parts ?(c?) and ?(d?)with the answers in parts ?(a?) and ?(b?)? a.??What is the futurevalue of ?$2000 in a bank account for 10 years at an annualinterest rate of 4 ?percent?

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(Compound interest with? non-annual periods?) You just receiveda bonus of ?$2000. a.??Calculate the future value of ?$2000?, giventhat it will be held in the bank for 10 years and earn an annualinterest rate of 4 percent. b.??Recalculate part ?(a?) using acompounding period that is? (1) semiannual and? (2) bimonthly.c.??Recalculate parts ?(a?) and ?(b?) using an annual interest rateof 8 percent. d.??Recalculate part ?(a?) using a time horizon of 20years at an annual interest rate of 4 percent. e.??What conclusionscan you draw when you compare the answers in parts ?(c?) and ?(d?)with the answers in parts ?(a?) and ?(b?)? a.??What is the futurevalue of ?$2000 in a bank account for 10 years at an annualinterest rate of 4 ?percent?