natalietruitt
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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

Respuesta :

InkStained
C. Future value of a series of deposits

It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value. 
Your question says they deposit money more than once, so it is C.

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