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

Question

Quizplus · Accepted Answer

While the starting year of payments may impact other calculations, it is not necessary to know when determining the future value of an annuity. The amount of the periodic payments, interest rate, and number of compounding periods are all essential in computing the future value.

Which of the Following Is Not Necessary to Know in Computing