What number of periods and rate per compounding period

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Problem 1: What number of periods and rate per compounding period would you use from the Tables if provided with the following situation:

i. 12% per annum, for 5 years, compounded annually
ii. 12% per annum, for 5 years, compounded quarterly

a. i) n = 5, r = 6% and ii) n = 5, r = 3%
b. i) n = 5, r = 12% and ii) n = 20, r = 48%
c. i) n = 5, r = 12% and ii) n = 20, r = 3%
d. ii) n = 5, r = 12% and i) n = 20, r = 3%
e. ii) n = 5, r = 48%, i) n = 5, r = 12%

Reference no: EM132741827

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