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Assume that you must estimate what the future value will be two years from today using the future value of 1 table. (PV of $1,
Assume that you must estimate what the future value will be two years from today using the future value of 1 table. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Which interest rate column and number-of-periods row do you use when working with the following rates? (Round percentage answers to 2 decimal places.) Interest Rate No. of Periods 1. 15% annual rate, compounded annually 2. 10% annual rate, compounded semiannually 3. 8% annual rate, compounded quarterly 4. 15% annual rate, compounded monthly % % % %
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