Question: Which column (i) and row (n) would you use from a present value or future value table for 12% interest compounded quarterly for 8 years?
Which column (i) and row (n) would you use from a present value or future value table for 12% interest compounded quarterly for 8 years?
Multiple Choice
(i) = 12%, (n) = 8
(i) = 6%, (n) = 32
(i) = 3.00%, (n) = 12
(i) = 6%, (n) = 16
(i) = 3.00%, (n) = 32
#47
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