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For each of the following cases, indicate (a) to what rate columins, and (b) to what number of periods you would refer in looking
For each of the following cases, indicate (a) to what rate columins, 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 Years Rate Compounded (a) Rate of Interest (b) Number of Periods Invested a. 10% 10 Annually 10 b. 8% Quarterty 28 C. 10% 20 Semiannually 40 2. in a present value of an annuity of 1 table: (Round answers to 1 decimal place, eg. 458,58.1) Number of Number of Annual Frequency of Years Rents Involved Rate Rents ta) Rate of Interest (b) Number of Periods Invested 29 29 Annually 29 11% 16 32 Semiannually 32 12% 7. 28 Quarterly View Policies Show Attempt History Current Attempt in Progress Newman Madison needs $313,600 in 10 years. Click here to view factor tables How much must he invest at the end of each year, at 8% interest, to meet his needs? (Round factor values to 5 decimal places, es 1.25124 and final answers to O decimal places, eg 458,581.) Investment amount
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