Brief Exercise 3-16 For each of the following cases, indicate in the chart below the appropriate discount rate () or Rate and the appropriate number of periods (n) or Nper to be used in present value calculations. (Round discount rates to 2 decimal places, e.g. 15.10%) (n) or Nper (i) or Rate Annual Interest Rate Number of Years Frequency of Payment Quarterly Number of Periods Discount Rate 3 2 7 Semi-annually 3 790 7 Annually 29 5 Quarterly los 890 a Semi-annually % Monthly Question Attempts: 2 of 3 used A ENG 3:20 PM 02