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Which Column (I)and Row (N)would You Use from a Present

Question 22

Multiple Choice

Which column (i) and row (n) would you use from a present value or future value table for 8% interest compounded quarterly for 6 years?


A) (i) = 2%,(n) = 8
B) (i) = 8%,(n) = 6
C) (i) = 2%,(n) = 24
D) (i) = 4%,(n) = 12
E) (i) = 4%,(n) = 24

Correct Answer:

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