You deposit $400 in an account earning 8% compound interest for 3 years. Find the future value and the interest earned for each of the following compounding frequencies.



Interest Earned



Frequency



Future Value (Final Amount)



(Difference between Final Amount and Initial Amount)



Annually.



S



Semiannually.



5



Quarterly.



5



S



Monthly:



5



5



Daily:



Enter an integer or decimal number [more]