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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
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 In Table 3 (Present Value of 1): Number of Discounts Annual Rate Years Involved Case A Case B Case C per Year Annually Annually Semiannually 1096 9% 14 Case A periods periods periods (2) In Table 4 (Present Value of an Annuity of 1): Case B Number of Number of Frequency of Annual Rate Years Involved Payments Involved Payments Case A Case B Case C 12% 10% 10% 18 8 4 18 8 8 Annually Annually Semiannually Case A Case B Case C periods periods periods
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