Problem 1: What is the future value in five years of $1,500 invested in an account with an annual percentage rate of 10 percent, compounded annually?
Problem 2: What is the future value in five years of $1,500 invested in an account with an annual percentage rate of 10 percent, compounded semiannually?
Problem 3: What is the future value in five years of $1,500 invested in an account with an annual percentage rate of 10 percent, compounded monthly?
Problem 4: What is the future value in five years of $1,500 invested in an account with an annual percentage rate of 10 percent, compounded continuously?
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