Finding the future values

(a) Will the future value be larger or smaller if we compound an initial amount more often than annually—for example, every 6 months, or semiannually—holding the stated interest rate constant? Explain your answer.
(b-1) What is the future value of $200 after three years under 12% semiannual compounding?
(b-2) What is the effective annual rate for 12% interest with semiannual compounding? Be sure to show your EAR answer to 2 decimals, that is xx.xx%
(c-1) What is the future value of $200 after three years under 12% quarterly compounding?
(c-2) What is the effective annual rate (EAR) for 12% interest with quarterly compounding?
(d-1) What is the future value of $200 after three years under 12% daily compounding? Assume 365 day years and do not do any interim rounding.
(d-2) What is the effective annual rate for 12% interest with daily compounding?

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