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Find the amount to which $600 will grow under each of these conditions: 5% compounded annually for 9 years. Do not round intermediate calculations. Round

Find the amount to which $600 will grow under each of these conditions: 5% compounded annually for 9 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 5% compounded semiannually for 9 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 5% compounded quarterly for 9 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 5% compounded monthly for 9 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 5% compounded daily for 9 years. Assume 365-days in a year. Do not round intermediate calculations. Round your answer to the nearest cent. $ Why does the observed pattern of FVs occur?

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