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. |
10% | 9 | Annually |
enter percentages |
% |
enter the number of periods |
|||||
b. |
12% | 7 | Quarterly |
enter percentages |
% |
enter the number of periods |
|||||
c. |
8% | 18 | Semiannually |
enter percentages |
% |
enter the number of periods |
2. In a present value of an annuity of 1 table: (Round
answers to 1 decimal place, e.g. 458,58.1.)
Annual Rate |
Number of Years Invested |
Number of Rents Involved |
Frequency of Rents |
(a) Rate of Interest |
(b) Number of Periods |
||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
a. |
11% | 27 | 27 | Annually |
enter percentages |
% |
enter the number of periods |
||||||
b. |
9% | 15 | 30 | Semiannually |
enter percentages |
% |
enter the number of periods |
||||||
c. |
12% | 6 | 24 | Quarterly |
enter percentages |
% |
enter the number of periods |
Annual Rate |
No. of years invested |
Compounded |
(a)Rate of interest |
(b)Number of periods |
||
a. |
10% |
9 |
Annually |
10% |
9 |
|
b. |
12% |
7 |
Quarterly |
3% |
28 |
|
c. |
8% |
18 |
Semi annually |
4% |
36 |
|
Annual Rate |
No. of years invested |
No. of rents involved |
Frequency of rents |
(a)Rate of interest |
(b)Number of periods |
|
a. |
11% |
27 |
27 |
Annually |
11.00% |
27 |
b. |
9% |
15 |
30 |
Semi annually |
4.50% |
30 |
c. |
12% |
6 |
24 |
Quarterly |
3.00% |
24 |
I hope it is useful to u if u have any doubt pls comment give me up thumb
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