# Lowse My Computer QUESTION 3 1. Assume A Developer Writes The FollowingSource Code To Concatenate Two Strings The Method Is Used To ConcatenateToo Strings Into One. It Returns A String That Represents The ConcatenationOf This Object’s Characters Followed By The String Argument’s Characters.Public String Concat(String Str)f Int OtherLen Str.length0: …

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Question: Changing compounding frequency thing annual semiannual an… real 55.000 is deposited ayat 8% interest for years and determines the sector Changing compounding frequency Uning annual seams and quarterly compounding periods. (1) cate the annuleLAR) Annual Compounding (1) The future vale, FV. Round to the nearest cant) 2) If the 8% rominal rate is compounded by the EARIS I (Roond to two decimal places) Semangat Comending (1) The Bare va FU, Round to the nearest cent) 2) If the 0% anual dominal rate is compounded annually the EARIS Round to two decimal places) Quarterly. Compounding (1) The future value FV I (Round to the nearest cent) 21 if the annust nominal rate is compounded quarterly, the EARS (Round to ho decimal places Show transcribed image text Expert Answer Anonymous answered this 1,183 answers Was this answer helpful? 30 Given Information Amount (A) 5,000 Annual Interest Rate (r) Term (years) (n) Let the frequency of compounding per year bem Then FV = A*(1+r/m)(m*n) EAR = (1+r/m) – 1 Annual Compounding Frequency of compounding = m = 1 (1) FV = A*(1+r/m/(m*n) = 5000*(1+0.08/1)(1+5) = $ 7,346.64 (2) EAR = (1+r/m) – 1 = (1+0.08/1)+ – 1 = 8.00% Semiannual Compounding Frequency of compounding = m = 2 (1) FV = A*(1+r/m}(m*n) = 5000*(1+0.08/2/(2*5) = $ 7,401.22 (2) EAR = (1+r/m) – 1 = (1+0.08/2)2 – 1 = 8.16% Quarterly Compounding Frequency of compounding = m = 4 (1) FV = A*(1+r/m/(m*n) = 5000*(1+0.08/4)(4*5) = $ 7,429.74 (2) EAR = (1+r/m) – 1 = (1+0.08/4)4 – 1 = 8.24%