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Find the amount to which $400 will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest
Find the amount to which $400 will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent.
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12% compounded annually for 5 years.
$
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12% compounded semiannually for 5 years.
$
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12% compounded quarterly for 5 years.
$
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12% compounded monthly for 5 years.
$
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