Find the amount to which $625 will grow under each of the following conditions. Do not round intermediate calculations. Round your answer to the nearest cent. A. 4% compounded annually for 5 years
$
B. 4% compounded semiannually for 5 years
$
C. 4% compounded quarterly for 5 years
$
D. 4% compounded monthly for 5 years
$

Results are below.

Explanation:

To calculate the future value, we need to use the following formula:

FV= PV*(1+i)^n

a) i= 0.04 annually compounded

n= 5

PV= $625

FV= 625*(1.04^5)

FV= $760.41

b) i= 0.04/2 = 0.02 semiannually compounded

n= 5*2= 10

PV= $625

FV= 625*(1.02^10)

FV= $761.87

c)  i= 0.04/4 = 0.01 quarterly compounded

n= 5*4= 20

PV= $625

FV= 625*(1.01^20)

FV= $762.62

d) i= 0.04/12 = 0.0033 monthly compounded

n= 5*12= 60

PV= $625

FV= 625*(1.003333^60)

FV= $763.11

i guess you could put raise the economic balance

whole quiz

1. the sum of all activities involved in getting high-quality products into the marketplace

2.operations

3. the principle of looking at the supply chain as a whole in order to improve the overall flow through the system.

4. produced; performed

5. activities producing tangible products, such as radios, newspapers, buses, and textbooks.

6. activities producing intangible and tangible products, such as entertainment, transportation, and education.

7.   customer focus

8. analyzing a competitor's products to identify desirable improvements

9. the systematic direction and control of the processes that transform resources into finished projects that create value for and provide benefits to consumers.

10. operation management.

your welcome leave a rate and a < 3