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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):

Annual Rate

Number of Years Involved

Discounts per Year

Case A 10% 5 Annually
Case B 9% 14 Annually
Case C 7% 9 Semiannually

(a)

(b)

Case A

%

periods

Case B

%

periods

Case C

%

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 12% 18 18 Annually
Case B 10% 8 8 Annually
Case C 10% 4 8 Semiannually

(a)

(b)

Case A

%

periods

Case B

%

periods

Case C

%

periods

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