In a present value of an annuity of 1 table annual rate

Reference no: EM13586978

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

a. 9% 10 Annually

b. 12% 6 Quarterly

c. 10% 18 Semiannually

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

a. 10% 27 27 Annually

b. 12% 17 34 Semiannually

c. 8% 9 36 Quarterly

Reference no: EM13586978

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