E eBook Problem Walk-Through Find the amount to which $700 will grow under each of these conditions: 0.4% compounded annually for 5 years. Do not round Intermediate calculations. Round your answer to the nearest cent. $ b.4% compounded semiannually for 5 years. Do not round intermediate calculations. Round your answer to the nearest cent. S c.4% compounded quarterly for 5 years. Do not round intermediate calculations, Round your answer to the nearest cent. $ 0.4% compounded monthly for 5 years. Do not round intermediate calculations, Round your answer to the nearest cent. $ e. 4% compounded daily for 5 years. Assume 365 days in a year. Do not round Intermediate calculations. Round your answer to the nearest cent. $ f. Why does the observed pattern of FVs occur? -Select- Check My Work