Calculation of the amount of the equal periodic payments that would be required at the end of each year to accumulate a $20,000 fund at the end of the tenth year is most readily determined by reference to a table that shows the
A. future value of $1.
B. present value of $1.
C. future value of annuity of $1.
D. present value of a single sum.
Ans: C. future value of annuity of $1.
Business
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