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For each of the following cases, indicate (a) to what interest rate columns and (b) to what number of periods you would refer in looking
For each of the following cases, indicate (a) to what interest rate columns and (b) to what number of periods you would refer in looking up the future value factor. (Round percentages to 2 decimal places, eg. 5,275.) (1) In Table 1 (future value of 1) Number of Years Invested Annual Rate 5% 12% Compounded Annually Semiannually Case A Case B Case A periods Case B periods (2) In Table 2 (future value of an annuity of 1): Number of Years Invested Annual Rate 3% 8% Compounded Annually Semiannually Case A Case B Case A periods Case B periods
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