Question: Find the amount to which $500 will grow under each of these conditions: 14% compounded annually for 4 years. Do not round intermediate calculations. Round
Find the amount to which $500 will grow under each of these conditions:
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14% compounded annually for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ ____
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14% compounded semiannually for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ ____
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14% compounded quarterly for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ ____
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14% compounded monthly for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ _____
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14% compounded daily for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ _____
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