Question: Find the amount to which $200 will grow under each of these conditions: 5% compounded annually for 8 years. Do not round intermediate calculations. Round
Find the amount to which $200 will grow under each of these conditions:
5% compounded annually for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
5% compounded semiannually for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
5% compounded quarterly for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
5% compounded monthly for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
5% compounded daily for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
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