Solved

Don Wants to Know How Much He Needs to Save

Question 52

Multiple Choice

Don wants to know how much he needs to save every year to amass $15,000 in five years at a 5% interest rate. What is he calculating using his financial calculator?


A) Present value
B) Future value
C) Interest rate
D) Payment

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions