Question: Assume that you must estimate what the future value will be two years from today using the future value of 1 table. (PV of $1,

Assume that you must estimate what the future value will be

Assume that you must estimate what the future value will be two years from today using the future value of 1 table. (PV of $1, FV of $1, PVA of $1, and FVA of $1) Which interest rate column and number-of-periods row do you use when working with the following rates? (Round percentage answers to 2 decimal places.) Interest Rate No. of Periods % 1. 9% annual rate, compounded annually 2. 6% annual rate, compounded semiannually 3. 10% annual rate, compounded quarterly 4. 9% annual rate, compounded monthly %

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