Multiple Choice
Which of the following is not necessary to know in computing the future value of an annuity?
A) Amount of the periodic payments
B) Interest rate
C) Number of compounding periods
D) Year the payments begin
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q28: The present value of an annuity is
Q29: If you are able to earn an
Q30: Interest is the difference between the amount
Q31: The amount you must deposit now in
Q32: Wingate Company borrowed $90,000 on January 2,
Q34: The future value of a single amount
Q35: The present value of a long-term note
Q36: If $30,000 is deposited in a savings
Q37: Match the items (1-5) by entering the
Q38: Hazel Company has just purchased equipment that