Consider a dollar amount of $750 today, along with a nominal interest rate of 18.00%. You are interested in calculating the future value of this amount after 6 years. For all future value calculations, enter $750 (with the negative sign) for PV and 0 for PMT. The future value of $750, compounded annually for 6 at the given nominal interest rate, is approximately .

Using your financial calculator, the future value of $750, compounded semi-annually for 6 at the given nominal interest rate, is approximately .

Using your financial calculator, the future value of $750, compounded quarterly for 6 at the given nominal interest rate, is approximately .

Using your financial calculator, the future value of $750, compounded monthly for 6 at the given nominal interest rate, is approximately .

Hint: Assume that there are 365 days in a year.

Using your financial calculator, the future value of $750, compounded daily for 6 at the given nominal interest rate, is approximately .