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Exercise 6-01 Your answer is partially correct. Try again. For each of the following cases, indicate (a) to what rate columns, and (b) to what

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Exercise 6-01 Your answer is partially correct. Try again. 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: (a) Rate of Interest (b) Number of Periods Annual Rate Number of Years Invested Compounded 10% 11 Annually a. % 10 11 b. 8% 6 Quarterly % 24 c. 10% 18 Semiannually % 36 2. In a present value of an annuity of 1 table: (Round answers to 1 decimal place, e.g. 458,58.1.) (a) Rate of Interest (b) Number of Periods Annual Rate Number of Years Invested Number of Rents Involved Frequency of Rents 10% 26 26 Annually a. 10 % 26 b. 11% 16 32 Semiannually % c. 12% 7 28 Quarterly %

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