Presented below are a number of values taken from compound interest tables involving the same number of

Question:

Presented below are a number of values taken from tables involving the same number of periods and the same rate of interest? Indicate what each of these four values represents.
(a) 6.71008.
(b) 2.15892.
(c) .46319.
(d) 14.48656.

Compound Interest
Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan. Thought to have originated in 17th century Italy, compound...