For each of the following cases, indicate (a) to what rate columns, and (b) to what number of periods you would refer in looking up the interest factor. 1. In a future value of 1 table: a. b. C. a. b. Annual Rate C. 10% 8% 10% Annual Rate 9% 11% Number of Years Invested 12% 2. In a present value of an annuity of 1 table: (Round answers to 1 decimal place, e.g. 458,58.1.) Number of Rents Involved Number of Years Invested 29 16 10 7 7 20 29 32 Compounded 28 Annually Quarterly Semiannually Frequency of Rents (a) Rate of Interest Annually Semiannually Quarterly (a) Rate of Interest % % % (b) Number of Periods (b) Number of Periods

For each of the following cases, indicate (a) to what rate columns, and (b) to what number of periods you would refer in looking up the interest factor. 1. In a future value of 1 table: a. b. C. a. b. Annual Rate C. 10% 8% 10% Annual Rate 9% 11% Number of Years Invested 12% 2. In a present value of an annuity of 1 table: (Round answers to 1 decimal place, e.g. 458,58.1.) Number of Rents Involved Number of Years Invested 29 16 10 7 7 20 29 32 Compounded 28 Annually Quarterly Semiannually Frequency of Rents (a) Rate of Interest Annually Semiannually Quarterly (a) Rate of Interest % % % (b) Number of Periods (b) Number of Periods

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

ChapterA3: Time Value Of Money

Section: Chapter Questions

Problem 11E

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