To compound 100 quarterly for 20 years at 8, we must use A) 10 ...

[sam.t96]

To compound 100 quarterly for 20 years at 8, we must use
 
  A) 10 periods at 4. B) 40 periods at 4.
  C) 80 periods at 2. D) 5 periods at 12.

Question 2

If you marginal tax rate is likely to be lower in your retirement years, you should
 
  A)
 
  prefer a tax-deductible IRA to Roth IRA.
  B)
 
  prefer a Roth IRA to a tax-deductible IRA.
  C)
 
  be indifferent between investing in a tax-deductible IRA or a Roth IRA.
  D)
 
  prefer a non-tax advantaged investment to either a tax-deductible IRA or a Roth IRA.

[SeanoH09]

Answer to Question 1

C

Answer to Question 2

A