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please help!! Question 12 3 pts What is the effective annual rate...

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Finance

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Question 12 3 pts What is the effective annual rate of 15% compounded quarterly? O 15.87% 15.00% 15.56% It can not be determined from the information provided. 16.08% Question 13 2 pts The future value of $4.000 invested at the end of each year for 15 years at 9% is approximately $117.444. If you make the investment at the beginning of each year instead of the end, the future value would be: O approximately $121,804 the same O approximately $128,014 O approximately $121,444 O approximately $107,744

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