Find the amount to which $$800$ will grow under each of these conditions:

$8\%$ compounded annually for $8$ years. Do not round intermediate calculations. Round your answer to the nearest cent.

$

$8\%$ compounded semiannually for $8$ years. Do not round intermediate calculations. Round your answer to the nearest cent.

$

$8\%$ compounded quarterly for $8$ years. Do not round intermediate calculations. Round your answer to the nearest cent.

$

$8\%$ compounded monthly for $8$ years. Do not round intermediate calculations. Round your answer to the nearest cent.

$

$8\%$ compounded daily for $8$ 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