[Solved] George Jones Is Planning on a Cruise for His 70th
George Jones is planning on a cruise for his 70th birthday party.He wants to know how much he should set aside at the beginning of each month at 6% interest to accumulate the sum of $4,800 in five years.He should use a table for the:
A)Future value of an ordinary annuity of 1.
B)Future value of an annuity due of 1.
C)Future value of 1.
D)Present value of an annuity due of 1.
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