Assume that you must estimate what the future value will be two years from today using the

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Assume that you must estimate what the future value will be two years from today using the future value of 1 table (Table B.2). 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 B.2)

Data from Table B-2

TABLE B.2†
Future Value of 1

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