For each of the following cases, indicate

(a) what interest rate columns and

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

(1) In Table 1 (future value of 1):

Annual Number of Rate Years Invested Compounded Case A 5% 3 Annually LO15 Case B 12% 4 Semiannually

(2) In Table 2 (future value of an annuity of 1):

Annual Number of Rate Years Invested Compounded Case A 3% 8 Annually Case B 8% 6 Semiannually