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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. (1) In Table 3 (Present Value of 1): Number of Years Involved Discounts per Year Annual Rate Case A 8% Annually Case B 12% Annually 11 10 Case C 9% Semiannually (b) Case A periods Case B periods Case C periods (2) In Table 4 (Present Value of an Annuity of 1): Number of Years Involved Number of Payments Involved Frequency of Payments Annual Rate Case A 8% Annually Case B 9% Annually Case C 10% Semiannually (a) (b) Case A periods Case B periods Case C periods
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