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For each of the following cases, indicate (a) to what rate columns, and (b) to what number of periods you would refer in looking
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 Invested Compounded (a) Rate of Interest (b) Number of Periods a 10% 11 Annually b. 8% 6 Quarterly C 10% 18 Semiannually 2. In a present value of an annuity of 1 table: (Round "Rate of Interest" answers to 1 decimal place, eg. 4.5% and other answers to O decimal ploces, eg 45) Annual Rate Number of Years Invested Number of Rents Frequency of Rents (a) Rate of Interest (b) Number of Periods Involved 10% 26 26 Annually b 11% 16 32 Serannually 12% A 28 Quarterly
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