eBook Problem 5-23 Future value for various compounding periods Find the amount to which $600 will grow under each of these conditions: a. 4% compounded annually for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. b. 4% compounded semiannually for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. c. 4% compounded quarterly for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. d. 4% compounded monthly for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. e. 4% compounded daily for 10 years. Do not round intermediate calculations. Round your answer to the nearest cent. f. Why does the observed pattern of FVs occur? -Select