$4,800 in five years. He should use a table for the:
A. Future value of an ordinary annuity of 1.
B. Future value of an annuity due of 1.
C. Future value of 1.
D. Present value of an annuity due of 1.
Answer:B
$4,800 in five years. He should use a table for the:
A. Future value of an ordinary annuity of 1. B. Future value of an annuity due of 1. C. Future value of 1. D. Present value of an annuity due of 1.