Calculate future and present value; conclusions about the discounting interval.
? Calculate the future value of the following: ? o $5,000 compounded annually at 6% for 5 years o $5,000 compounded semiannually at 6% for 5 years o $5,000 compounded quarterly at 6% for 5 years o $5,000 compounded annually at 6% for 6 years ? ? Answer the following: What conclusions can be drawn about the frequen