Which of the folloving relationships between compound interest factors is not correct? 4. (a) Single...
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Accounting
Which of the folloving relationships between compound interest factors is not correct? 4. (a) Single paynent compound amount factor and single (b) sinking fund factor and uniform series compound (c) Capital recovery factor and uniform series present (d) Capital recovery factor equals sinking fund factor (e) capital recovery factor and sinking fund factoi payment present worth factor are reciprocals. amount factor-are-reciprocals worth factor are reciprocals. plus th interest rate. are reciprocals 5 For some interest rate i and sone number of interest periods n, the uniforn series capital recovery factor is o.0854 and the sinking fund factor is o.0404. the interest rate i xust be (a) 3 1/23 (b) 41/2% (c) 63 (d) 8 (e) 9% A bank pays 1% interest on savings accounts four times a year. The effective, annual interest rate is (a) (b) (c) (d) (e) 1.00 1.04% 3.963 4.00 4.063

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