For each of the following cases, indicate (a) to what rate columns, and (b) to w
ID: 2338075 • Letter: F
Question
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:
Annual Rate
Number of Years Invested
Compounded
(a) Rate of Interest
(b) Number of Periods
_%
_%
_%
2. In a present value of an annuity of 1 table:
Annual Rate
Number of Years Invested
Number of Rents Involved
Frequency of Rents
(a) Rate of Interest
(b) Number of Periods
_%
_%
_%
Annual Rate
Number of Years Invested
Compounded
(a) Rate of Interest
(b) Number of Periods
a. 11% 11 Annually_%
_
b. 12% 7 Quarterly_%
_
c. 12% 19 Semiannually_%
_
Explanation / Answer
1. In a future value of 1 table:- Annual Rate Number of Years Invested Compounded (a) Rate of Interest (b) Number of Periods a 11% 11 Annually 11% 9 b 12% 7 Quarterly 3% 28 c 12% 19 Semiannually 6% 38 2. In a present value of an annuity of 1 table: Annual Rate Number of Years Invested Number of Rents Involved Compounded (a) Rate of Interest (b) Number of Periods a 10% 25 25 Annually 10% 25 b 12% 14 28 Semiannually 6% 28 c 12% 6 24 Quarterly 3% 24
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