Question: A common error made when solving a future value of an annuity problem is: Multiple Choice a.) Dividing the annual deposit by the number of

A common error made when solving a future value of an annuity problem is:

Multiple Choice

a.) Dividing the annual deposit by the number of years before calculating the problem.

b.) Multiplying the number of years and the interest rate before calculating the problem.

c.) Multiplying the annual deposit and the number of years before calculating the problem.

d.) Using factor tables to help solve the problem.

e.) Using a finacial calculator to help solve the problem.

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