Find (Period Rate), (Number of Periods), and (Future Value) for the Information

question 13

Multiple Choice

Find (period rate) , (number of periods) , and (future value) for the information given. Fill in the table. }">$\text { cellpadding="0" cellspacing="0" width=" } 94 \% \text { " border="1"> }$

$\begin{array}{cccccccc}\text { Compounding } & P & r & t & n & i & \mathrm{~N} & A \\\text { Period } & \text { Present } & \text { Annual } & \text { Time } & & \text { Period } & \text { Number of Future } \\& \text { Value } & \text { Rate } & & & \text { Rate } & \text { Periods } & \text { Value } \\\text { Quarterly } & \$ 2,200 & 12 \% & 540 \text { days } & ? & ? & ? & ?\end{array}$

• A) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 3 12 6 $2,555.12
• B) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 1.5 12 9 $2,503.59
• C) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 4 3 6 $2,626.92
• D) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 4 12 6 $2,233.08
• E) \(n\) \(\mathrm { N }\) \(A\) Period Number of Future Rate Periods Value 4 4 6 $2,313.66

---

Definitions:

National Labor Unions

Labor organizations that represent workers from various industries across the country, advocating for broad labor rights and policies.

Rail Industry

The sector of the economy dedicated to the operation of rail transportation, including companies that operate trains and manage rail infrastructure.

Labor Organizations

Groups formed by workers to promote and protect their rights and interests, including trade unions.

American Federation of Labor

A national federation of labor unions in the United States, established in 1886, that aimed to organize skilled workers into national unions according to their crafts.