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Brief Exercise A-2 For each of the following cases, indicate (a) what interest rate columns and (b) what number of periods you would refer to
Brief Exercise A-2 For each of the following cases, indicate (a) what interest rate columns and (b) what number of periods you would refer to in looking up the future value factor.
(1) In Table 1 (future value of 1): Annual Rate Number of Years Invested Compounded Case A 6% 6 Annually Case B 10% 4 Semiannually
Case A % Periods
Case B % Periods
2) In Table 2 (future value of an annuity of 1): Annual Rate Number of Years Invested Compounded Case A 4% 6 Annually Case B 12% 9 Semiannually
Case A % Periods
Case B % Periods
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