[Solved] LeAnn Wishes to Know How Much She Should Invest Now

Question 46
Multiple Choice

LeAnn wishes to know how much she should invest now at 7% interest in order to accumulate a sum of $5,000 in four years.She should use a table for the:

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

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