# For each of the following cases, indicate(a) To what rate columns, and(b) To what number of periods

## Question:

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:

2. In a present value of an annuity of 1table:

AnnuityAn annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,... Future Value

Future value (FV) is the value of a current asset at a future date based on an assumed rate of growth. The future value (FV) is important to investors and financial planners as they use it to estimate how much an investment made today will be worth...

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