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Personal Finance and Investing

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ohheckyeah

(9,314 posts)
Tue Jun 26, 2012, 07:22 PM Jun 2012

Can anyone answer this question? [View all]

I was asked by someone else what the answer to this is, and I could guess would prefer someone with some actual knowledge could give an answer. (No, this isn't my homework, but asked on ask.com.)

Betty wants to know how much she should begin saving each month to fund her retirement. What kind of problem is this?
A) Present value of one.
B) Future value of an ordinary annuity.
C) Present value of an ordinary.
D) Future value of one.

Thanks!

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Can anyone answer this question? [View all] ohheckyeah Jun 2012 OP
Seems to me it's 'B'.... A HERETIC I AM Jun 2012 #1
Thank you - that ohheckyeah Jun 2012 #2
you're right Sushi_lover Jun 2012 #3
Latest Discussions»Culture Forums»Personal Finance and Investing»Can anyone answer this qu...»Reply #0