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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:
Annual Rate | Number of Years Invested | Compounded | (a) Rate of Interest | (b) Number of Periods | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|
a. | 10% | 11 | Annually | enter percentages | % | enter the number of periods | |||||
b. | 8% | 7 | Quarterly | enter percentages | % | enter the number of periods | |||||
c. | 8% | 17 | Semiannually | enter percentages | % | enter the number of periods |
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