Wilhelmina Has Just Received an Inheritance of $50 000 and She

Multiple Choice

Wilhelmina has just received an inheritance of $50 000 and she would like to put it into an investment portfolio for 20 years.To calculate the value of the investment at the end of the 20-year period,which of the following tables would be the best for her to use?

A) Future Value of $1
B) Present Value of $1
C) Present Value of an Annuity of $1
D) Future Value of an Annuity of $1