Which Table Would You Use to Determine How Much Must

question 120

Multiple Choice

Which table would you use to determine how much must be deposited now in order to provide for 5 annual withdrawals at the beginning of each year, starting one year hence?

• A) Future value of an ordinary annuity of 1
• B) Future value of an annuity due of 1
• C) Present value of an annuity due of 1
• D) None of these answer choices are correct.

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