Question: Find the amount to which $600 will grow under each of these conditions: a. 8% compounded annually for 6 years. Do not round intermediate calculations.
Find the amount to which $600 will grow under each of these conditions:
a. 8% compounded annually for 6 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
b. 8% compounded semiannually for 6 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
c. 8% compounded quarterly for 6 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
d. 8% compounded monthly for 6 years. Do not round intermediate calculations. Round your answer to the nearest cent. $
e. 8% compounded daily for 6 years. Assume 365-days in a year. Do not round intermediate calculations. Round your answer to the nearest cent. $
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