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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 up
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.
- In a future value of 1 table
Annual Rate # of years invested Compounded (a) rate of interest (b) # of periods
10% 11 Annually ? ?
8% 7 Quarterly ? ?
10% 19 Semiannually ? ?
Annual Rate # of yrs invested # rents involved Frequency (a) rate interest (b) # periods
10% 26 26 Annually ? ?
12% 15 30 Semiannually ? ?
8% 7 24 Quarterly ? ?
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