Question: Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round your answer to the nearest

  1. Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round your answer to the nearest cent.

a 6% compounded semiannually for 5 years

b 6% compounded annually for 5 years

c 6% compounded Monthly for 5 years

d 6% compounded quarterly for 5 years

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