Question
(b) Number of Periods For each of the following cases, indicate (a) to what rate columns, and (b) to what number of periods you
(b) Number of Periods 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 Rate Number of Years. Compounded (a) Rate of Interest Invested a. 10% Annually b. 12% 6 Quarterly C. 10% 16 Semiannually % 2. In a present value of an annuity of 1 table: (Round "Rate of Interest" answers to 1 decimal place, e.g. 4.5% and other answers to O decimal places, e.g 45.) Number of Annual Rate Years Invested. Number of Rents Involved Frequency of Rents (a) Rate of Interest (b) Number of Periods a 9% 29 29 % 6 b. 12% 16 C 2948 8% 32 24 24 Annually Semiannually Quarterly % x
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