Future Value for Various Compounding Periods

Find the amount to which $550 will grow under each of the following conditions. Do not round intermediate calculations. Round your answer to the nearest cent.

1. 5% compounded annually for 5 years $
2. 5% compounded semiannually for 5 years $
3. 5% compounded quarterly for 5 years $
4. 5% compounded monthly for 5 years $