Question: Using the interest tables posted on eClass, determine the values of the following factors by interpolation, and compare your answers with those obtained by evaluating

Using the interest tables posted on eClass, determine the values of the following factors by interpolation, and compare your answers with those obtained by evaluating the F/P factor or the P/F factor: (Keep 4 decimal places in answers) (a) The single-payment compound-amount factor (the F/P factor) for 38 periods at 8% interest F/P factor = based on interpolation F/P factor = based on formula (b) The single-payment present-worth factor (the P/F factor) for 50 periods at 7.41% interest P/F factor = based on interpolation P/F factor = based on formula
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