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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 present value factor. (1) In Table 3 (present value of 1):

Annual Rate

Number of Years Involved

Discounts per Year

Case A

8%

8

Annually

Case B

12%

11

Semiannually

Case C

14%

7

Semiannually

(a)

(b)

Case A

enter percentages %

enter a number of periods periods

Case B

enter percentages %

enter a number of periods periods

Case C

enter percentages %

enter a number of periods periods

(2) In Table 4 (present value of an annuity of 1):

Annual Rate

Number of Years Involved

Number of Payments Involved

Frequency of Payments

Case A

9%

19

19

Annually

Case B

10%

5

5

Annually

Case C

12%

8

16

Semiannually

(a)

(b)

Case A

enter percentages %

enter a number of periods periods

Case B

enter percentages %

enter a number of periods periods

Case C

enter percentages %

enter a number of periods periods

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