Find the amount to which $600 will grow under each of these conditions: 4% compounded annually for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 4% compounded semiannually for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 4% compounded quarterly for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 4% compounded monthly for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ 4% compounded daily for 8 years. Do not round intermediate calculations. Round your answer to the nearest cent. $ Why does the observed pattern of FVs occur?