Multiple Choice
Find (period rate) , (number of periods) , and (future value) for the information given. Fill in the table. }\\\begin{array} { c c c c c c c c } \text { Compounding } & P & r & t & n & i & N & A \\\text { Period } & \text { Present } & \text { Annual } & \text { Time } & & \text { Period } & \text { Number of } & \text { Future } \\& \text { Value } & \text { Rate } & & & \text { Rate } & \text { Periods } & \text { Value } \\\text { Semiannual } & \$ 600 & 6 \% & 3 \mathrm { yr } & ? & ? & ? & ?\end{array}\end{array}">
A) Period Number of Future Rate Periods Value 2 3 6 $716.43
B) Period Number of Future Rate Periods Value 2 3 6 $636.91
C) Period Number of Future Rate Periods Value 3 6 9 $782.86
D) Period Number of Future Rate Periods Value 2 6 9 $777.02
E) Period Number of Future Rate Periods Value 6 2 3 $656.21
Correct Answer:

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Correct Answer:
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