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.
Correct Answer:
Verified
Correct Answer:
Verified
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