Assume that you must make future value estimates using the future value of 1 table (Table B.2).

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Assume that you must make future value estimates using the future value of 1 table (Table B.2). Which interest rate column do you use when working with the following rates?

1. 8% annual rate, compounded quarterly 2. 12% annual rate, compounded annually 3. 6% annual rate, compounded semiannually 4. 12% annual rate, compounded monthly

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Fundamental Accounting Principles Volume 2

ISBN: 9780077716660

21st Edition

Authors: John Wild, Ken Shaw, Barbara Chiappetta

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