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

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Definitions:

Confidence Interval

A span of values calculated from the statistics of a sample, which is anticipated to enclose the value of a not yet identified population parameter.

Margin of Error

A numerical value that indicates the extent of variability due to chance in the findings of a poll.

First Word

The very initial word in a sentence, document, statement, or a segment of text.

Confidence Interval

A range of values derived from sample data that is likely to contain the value of an unknown population parameter, with a given probability.