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Brief Exercise G-07 For each of the following cases, indicate (a) what interest rate columns and (b) what number of periods you would refer to

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Brief Exercise G-07 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 8 Annually 12% 11 Annually 12% 7 Semiannually Case A Case B Case C 8% (a) (b) Case A % periods Case B % periods Case C % periods (2) In Table 4 (present value of an annuity of 1): Case A Case B Case C Number of Number of Frequency of Annual Rate Years Involved Payments Involved Payments 9% 19 19 Annually 10% 5 5 Annually 12% 8 16 Semiannually (a) (b) Case A % periods Case B % periods Case C % periods

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