Assume you make monthly deposits of $200 starting 1 month from now into an account that pays 6% per year, compounded semiannu­ally. If you want to know how much you will have after 4 years, the value of i you should use in the F?A factor, assuming no interperiod interest, is:

(a) 0.5%
(b) 3.00%
(c) 6.0%
(d) 12.0%


PP of month < CP of 6 months. Assume no interperiod compounding
i/6-mths = 3%
Answer is (b) 3.00%

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The four-valve manifold has two center ports. The two center ports are labeled __________ and __________.

What will be an ideal response?

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