Problem 4-21 Future Value

a.	What is the future value in five years of $1,400 invested in an account with a stated annual interest rate of 10 percent, compounded annually? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$

b.	What is the future value in five years of $1,400 invested in an account with a stated annual interest rate of 10 percent, compounded semiannually? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$

c.	What is the future value in five years of $1,400 invested in an account with a stated annual interest rate of 10 percent, compounded monthly? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$

d.	What is the future value in five years of $1,400 invested in an account with a stated annual interest rate of 10 percent, compounded continuously? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))

Future value

$