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. 11% 11 Annually enter percentages% enter the number of periods

b. 8% 8 Quarterly enter percentages % enter the number of periods

c. 8% 16 Semiannually enter percentages % enter the number of periods

2. In a present value of an annuity of 1 table: (Round answers to 1 decimal place, e.g. 458,58.1.)

Annual Rate Number of Years Invested Number of Rents Involved Frequency of Rents (a) Rate of Interest (b) Number of Periods

a.11% 25 25 Annually enter percentages % enter the number of periods

b. 8% 16 32 Semiannually enter percentages % enter the number of periods

c. 8% 7 28 Quarterly enter percentages % enter the number of periods