Wilhelmina has just received an inheritance of $50,000, and she would like to put it into an investment portfolio for 20 years. To calculate the value of the investment at the end of the 20 year period, which of the following tables would be the best for her to use?
A) Present Value of $1
B) Present Value of an Annuity of $1
C) Future Value of $1
D) Future Value of an Annuity of $1
Correct Answer:
Verified
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