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If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation? A. Present value of a series of deposits B. ...
Future value of a single amount C. Future value of a series of deposits D. Present value of a single amount
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If a person deposited $50 a month for 6 years earning 8%, this would involve "Future value of a series of deposits" type of computation. ...
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User: If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation? A. Present value of a series of deposits B. Future value of a single amount C. Future value of a series of deposits D. Present value of a single amount

Note: ... single future payment, as below, where C is the payment amount ... series, we get. The present value ... [ value of a stream of deposits of $1,000 every year for 20 years earning ... www.answers.com/topic/time-value-of-money ]
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Weegy: If a person deposited $50 a month for 6 years earning 8%, this would involve "Future value of a series of deposits" type of computation.
Expert answered|rachell028|Points 780|

Education|No Subcategories|Expert answered|Rating 0| 7/31/2012 6:04:28 PM
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