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9-13 Find the amount to which $500 will grow in five years under each of the following conditions: a. 12 percent compounded annually b. 12

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9-13 Find the amount to which $500 will grow in five years under each of the following conditions: a. 12 percent compounded annually b. 12 c. 12 percent compounded quarterly d. 1 percent compounded semiannually 2 percent compounded monthly 9-14 Find the present value of S500 due in five years under each of the following conditions: a. 12 percent simple rate, compounded annually b. 12 percent simple rate, compounded semiannually c. 12 percent simple rate, compounded quarterly d. 12 percent simple rate, compounded monthly

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