Arriyana has just received an inheritance of $100,000, and she would like to put it into an investment portfolio for 20 years. Which of the following would be useful to calculate the value of the investment at the end of 20 years?
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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