Multiple Choice
If you were to put $5,000 in the bank at 4% interest each year for the next 8 years,which table would you use to find the ending balance in your account?
A) Present value of $1
B) Future value of $1
C) Present value of an annuity of $1
D) Future value of an annuity of $1
Correct Answer:
Verified
Correct Answer:
Verified
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