Find the amount to which $500 will grow under each of the following conditions:,,a. 12 percent compounded annually for 5 years.,,b. 12 percent compounded semi-annually for 5 years.,,c. 12 percent compounded quarterly for 5 years.,,d. 12 percent compounded monthly for 5 years.,e. 12% compounded daily for 5 years.,f. why does the observe pattern of FV occur?,,
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