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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. 1. In a future value of 1 table: Number of Years Annual Rate Compounded (a) Rate of Interest (b) Number of Periods Invested a. 11% 11 Annually b. 8% 8 Quarterly C. 8% 16 Semiannually % % % 2. In a present value of an annuity of 1 table: (Round answers to 1 decimal place, e.g. 458,58.1.) Annual Number of Years Invested Number of Rents Involved Frequency of Rents (a) Rate of Interest Rate 11% 25 25 Annually 8% 16 32 Semiannually 8% 7 28 Quarterly a. b. C. % % % (b) Number of Periods
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