E6.1 (LO 1) (Using Interest Tables) For each of the following cases, indicate (a) to what rate columns, and (b) to what
Posted: Sun Jun 05, 2022 8:32 pm
E6.1 (LO 1) (Using Interest Tables) 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:
AnnualRate Number ofYears Invested Compounded
a. 9% 9
Annually
b. 12%
5
Quarterly
c. 10%
15
Semiannually
2. In a present value of an annuity of 1 table:
AnnualRate Number ofYears Involved
Number ofRents Involved Frequency of Rents
a. 9%
25
25
Annually
b. 10%
15
30
Semiannually
c. 12%
7
28
Quarterly
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:
AnnualRate Number ofYears Invested Compounded
a. 9% 9
Annually
b. 12%
5
Quarterly
c. 10%
15
Semiannually
2. In a present value of an annuity of 1 table:
AnnualRate Number ofYears Involved
Number ofRents Involved Frequency of Rents
a. 9%
25
25
Annually
b. 10%
15
30
Semiannually
c. 12%
7
28
Quarterly