If $547.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 5.47% interest compounded semiannually, construct a balance sheet showing the interest earned during each...

Extracted text: If $547.00 is deposited at the end of each year for 6 years into an ordinary annuity earning 5.47% interest compounded semiannually, construct a balance sheet showing the interest earned during each year and the balance at the end of each year. Assume this annuity rounds the interest and balance to the nearest penny at the end of each year. |Year Payment Interest Balance 1 $547 $0 $547 $547 $547 $547 5 $547 $547 (Note: Your answers are dollar amounts and should include a dollar sign) 4. 3.