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Find the amount to which $500 will grow under each of these conditions: a. 14% compounded annually for 5 years. Do not round intermediate your

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Find the amount to which $500 will grow under each of these conditions: a. 14% compounded annually for 5 years. Do not round intermediate your answer to the nearest cent. b. 14% compounded semiannually for 5 years. Do not round in your answer to the nearest cent. c. 14% compounded quarterly for 5 years. Do not round intermediate nearest cent. d. 14% compounded monthly for 5 years. Do not round intermedi cent e. 14% compounded daily for 5 years. Assume 365-days in a Round your answer to the nearest cent. f. Why does the observed pattern of PVs occur

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