E6-1b (using interest tables) for each of the following cases,

E6-1B (Using Interest Tables) For each of the following cases, indicate (a) to what rate columns, and (b) to what number of periods you would refer in looking up the interest factor.

1. In a future value of 1 table:

Annual                                     Number of

  Rate                                  Years Invested                     Compounded

a. 8%                                             8                                        Annually

b. 16%                                          10                                       Quarterly

c. 10%                                          10                                     Semiannually

2. In a present value of an annuity of 1 table:

  Annual                            Number of                        Number of                   Frequency

Rate Years                        Involved                         Rents Involved               of Rents

a. 8%                                   25                                         25                              Annually

b. 12%                               15                                           30                           Semiannually

c. 16%                                7                                            28                               Quarterly

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