For each of the following cases, indicate (a) what interest rate columns and (b) what number of periods you would refer to in looking up the discount rate. (1) In Table 3 (Present Value of 1):

Number of Discounts Annual Rate Years Involved per Year Case A 12% Annually Case B 12% 8 Annually Semiannually Case C 5% 8 (b) (a) periods Case A periods Case B periods Case C (2) In Table 4 (Present Value of an Annuity of 1): Frequency of Payments Number of Number of Annual Rate Years Involved Payments Involved Case A 8% Annually 17 17 Annually Case B 11% Semiannually Case C 12 6% (a) (b) periods Case A periods Case B periods Case C