Question: Which column (i) and row (n) would you use from a present value or future value table for 10% interest compounded quarterly for 6 years?

Which column (i) and row (n) would you use from a present value or future value table for 10% interest compounded quarterly for 6 years?

Multiple Choice

  • (i) = 2.50%, (n) = 10

  • (i) = 10%, (n) = 6

  • (i) = 2.50%, (n) = 24

  • (i) = 5%, (n) = 12

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