Question: Decimals are extremely important in this question. Do not round until your final answer and provide 4 decimals in your final answer. What is the

Decimals are extremely important in this question. Do not round until your final answer and provide 4 decimals in your final answer. What is the future value of $1,000 one year from now if it is compounded at:

a) a 12% annual rate compounded annually?

b) 12% annual rate compounded quarterly?

c) 12% annual rate compounded monthly?

d) 12% annual rate compounded daily (assume a 365 day year)?

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