Find the amount to which $325 will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent. 9% compounded annually for 5 years. $   9% compounded semiannually for 5 years. $   9% compounded quarterly for 5 years. $   9% compounded monthly for 5 years.

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Find the amount to which $325 will grow under each of the following conditions. Do not round intermediate calculations. Round your answers to the nearest cent.

  1. 9% compounded annually for 5 years.

    $  

  2. 9% compounded semiannually for 5 years.

    $  

  3. 9% compounded quarterly for 5 years.

    $  

  4. 9% compounded monthly for 5 years.

    $  

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