Question: Find the amount to which $700 will grow under each of these conditions: a. 10% compounded annually for 4 years. Do not round intermedlate calculations.
Find the amount to which $700 will grow under each of these conditions: a. 10% compounded annually for 4 years. Do not round intermedlate calculations. Round your answer to the nasest cent. b. 1095 compounded semiannually for 4 years. Do not round intermediate calculations, Round your answer to the nearest cent. 5 c. 104% compounded quarterly for 4 years. Do not round intermediate calculations, Round your answar to the nearest cent. 3 d. 1045 compounded monthily for 4 yeary. Do not round intermediate calculations. Round your answer to the nearest cent. 3 e. 10\%, compounded daby for 4 years. Assume 365 -days in a year. Do not round intermediate calculations. Round your answer to the neariat cent. 5 6. Why does the observed pottern of FVs occur
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