eBook Problem Walk-Through ad the amount to which $300 will grow under each of these conditions: a. 16% compounded annually for 7 years. Do not round intermediate calculations. Round your answer to the nearest cent $ b. 16% compounded semiannually for 7 years. Do not round intermediate calculations. Round your answer to the nearest cont. $ c. 16% compounded quarterly for 7 years. Do not round intermediate calculations, Round your answer to the nearest cent. $ d. 16% compounded monthly for 7 years. Do not round intermediate calculations, Round your answer to the nearest dont $ e. 16% compounded daily for 7 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