Question: Assume that you must make two-year-ahead future value estimates using the future value of 1 table (FV of $1) Which interest rate column do you
Assume that you must make two-year-ahead future value estimates using the future value of 1 table (FV of $1) Which interest rate column do you use when working with the following rates?
Interest Rate No. of Periods
1.12% annual rate, compounded quarterly 8
2.12% annual rate, compounded annually 2
3.9% annual rate, compounded semiannually 4
4.12% annual rate, compounded monthly 24
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