Question: Which table would you use to determine how much must be deposited each Dec.31 of the next 5 years in order to accumulate $50,000 by

Which table would you use to determine how much must be deposited each Dec.31 of the next 5 years in order to accumulate $50,000 by Dec. 31 of the 5th year?

  1. Future value of an ordinary annuity of 1

  2. Future value of an annuity due of 1

  3. Present value of an annuity due of 1

  4. Present value of an ordinary annuity of 1


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