Question

Assume that you must make two-year-ahead future value estimates using the future value of 1 table. Which interest rate column and number-of-periods row do you use when working with the following rates?
1. 8% annual rate, compounded quarterly
2. 12% annual rate, compounded annually
3. 6% annual rate, compounded semiannually
4. 12% annual rate, compounded monthly (the answer for number-of-periods in part 4 is not shown in Table)


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  • CreatedApril 23, 2015
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