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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 Number of Years Compounded (a) Rate of Interest (b) Number of Periods Rate Invested a. 10% 9 Annually % b. 12% 6 Quarterly % c. 10% 16 Semiannually % 2. In a present value of an annuity of 1 table: (Round answers to 1 decimal place, e.g. 458,58.1.) Number Annual Number of Years Invested of Rents Frequency of Rents (a) Rate of Interest (b) Number of Periods Rate Involved a. 9% 29 29 Annually % b. 12% 16 32 Semiannually % c. 8% 6 24 Quarterly %

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