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1. What is the future value of $400 saved at i = 20%, compounded annually in 1 year? 2. What is the future value of
1. What is the future value of $400 saved at i = 20%, compounded annually in 1 year? 2. What is the future value of $400 saved at i = 20%, compounded annually in 2 years? 3. What is the future value of $400 saved at i = 20%, compounded semi-annually in 2 years? 4. What is the future value of $400 saved at i = 20%, compounded quarterly in 2 years
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