In: Finance
a. |
What is the future value in five years of $1,000 invested in an account with an APR of 10 percent, compounded annually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
b. |
What is the future value in five years of $1,000 invested in an account with an APR of 10 percent, compounded semiannually? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
c. |
What is the future value in five years of $1,000 invested in an account with an APR of 10 percent, compounded monthly? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |
d. |
What is the future value in five years of $1,000 invested in an account with an APR of 10 percent, compounded continuously? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) |