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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.

12% 10 Annually

enter percentages

%

enter the number of periods

b.

12% 6 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% 26 26 Annually

enter percentages

%

enter the number of periods

b.

9% 14 28 Semiannually

enter percentages

%

enter the number of periods

c.

12% 7 28 Quarterly

enter percentages

%

enter the number of periods

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