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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

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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 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% 10 Annually 10 % 10 b. 8% 5 Quarterly 2 % 20 C. 8% 16 Semiannually 4 % 32 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. 9% 30 30 Annually 9 % 30 b. 10% 16 32 Semiannually % 32 8% 7 28 Quarterly % 28

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