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Future Value for Various Compounding Periods Find the amount to which $575 will grow under each of the following conditions. Do not round intermediate calculations.

Future Value for Various Compounding Periods

Find the amount to which $575 will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent.

  1. 12% compounded annually for 5 years.

    $

  2. 12% compounded semiannually for 5 years.

    $

  3. 12% compounded quarterly for 5 years.

    $

  4. 12% compounded monthly for 5 years.

    $

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