Question: Please also explain how to enter into a calculator, thanks! FUTURE VALUE FOR VARIOUS COMPOUNDING PERIODS Find the amount to which $300 will grow under
FUTURE VALUE FOR VARIOUS COMPOUNDING PERIODS Find the amount to which $300 will grow under each of these conditions: a. 12% compounded annually for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. b. 12% compounded semiannually for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. c. 12% compounded quarterly for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. d, 12% compounded monthly for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. e, 12% compounded daily for 4 years. Do not round intermediate calculations. Round your answer to the nearest cent. f. Why does the observed pattern of FVs occur? Select
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