E6-1 (L01) (Using Interest Tables) For each of the following cases, indicate

(a) to what rate columns, and

(b) to what number of periods you would refer in looking up the interest factor.

1. In a future value of 1 table Annual Number of Rate Years Invested Compounded

a. 9% 9 Annually

b. 12% 5 Quarterly

c. 10% 15 Semiannually 2. In a present value of an annuity of 1 table Annual Number of Number of Frequency of Rate Years Involved Rents Involved Rents

a. 9% 25 25 Annually

b. 10% 15 30 Semiannually

c. 12% 7 28 Quarterly