Multiple Choice
Find (period rate) , (number of periods) , and (future value) for the information given. Fill in the table. & \\\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 { Quarterly } & \$ 2,700 & 6 \% & 3 \mathrm { yr } & ? & ? & ? & ?\end{array}">
A) Period Number of Future Rate Periods Value 4 1.5 12 $3,228.17
B) Period Number of Future Rate Periods Value 3 6 9 $3,081.15
C) Period Number of Future Rate Periods Value 4 6 12 $2,740.70
D) Period Number of Future Rate Periods Value 3 2 3 $4,044.03
E) Period Number of Future Rate Periods Value 3 6 9 $9,018.06
Correct Answer:

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Correct Answer:
Verified
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