For each of the following cases, indicate (a) to what interest rate columns and (b)...
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For each of the following cases, indicate (a) to what interest rate columns and (b) to what number of periods you would refer in looking up the future value factor. (Round percentages to 2 decimal places, e.g. 52.75.)
Your answer is partially correct. Try again. For each of the following cases, indicate (a) to what interest rate columns and (b) to what number of periods you would refer in looking up the future value factor. (Round percentages to 2 decimal places, e.g. 52.75.) (1) In Table 1 (future value of 1): Number of Annual Rate Years Invested Compounded Case A Case B 4.00% 12.00% Annually Semiannually Case A 4.00 periods Case B 4.50 periods (2) In Table 2 (future value of an annuity of 1): Number of Annual Rate Years Invested Compounded ase A Case B 4.00% 10.00% Annually Semiannually
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