Question: Future Value for Various Compounding Periods Find the amount to which $625 will grow under each of the following conditions. Do not round intermediate calculations.

Future Value for Various Compounding Periods

Find the amount to which $625 will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent.

6% compounded annually for 5 years.

$
6% compounded semiannually for 5 years.

$
6% compounded quarterly for 5 years.

$
6% compounded monthly for 5 years.

$

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