Reba Wishes to Know How Much Would Be in Her

Multiple Choice

Reba wishes to know how much would be in her savings account if she deposits a given sum in an account and leaves it there at 6% interest for five years. She should use a table for the:

A) Future value of an ordinary annuity of $1.
B) Future value of $1.
C) Future value of an annuity of $1.
D) Present value of an annuity due of $1.