If a Father and Mother Set Aside a Certain Amount

Multiple Choice

If a father and mother set aside a certain amount each year for their daughter's college fund, which table would be used to determine the amount necessary to be put away each year in order to reach a certain goal once the daughter attends college?

A) The present value of $1
B) The future value of $1.
C) The future value of an annuity of $1.
D) Present value of an annuity of $1.