An amount is invested at 8%, compounded quarterly, for 2 years. What rate and what number of periods would be used to find a future value factor from the tables in order to calculate the future value of this investment?

a)2% for 4 periods	b) 8% for 2 periods
c)2% for 8 periods	d)8% for 4 periods

An investment earning 12% interest compounded semi-annually, will accumulate to a greater amount in the future than an equal investment earning 12% compounded quarterly (assume that the two alternatives would be invested for the same amount of time). - True or False?