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AnnyKZ [126]
3 years ago
14

If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation?

Business
2 answers:
Elenna [48]3 years ago
5 0
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.
Rina8888 [55]3 years ago
5 0

Answer:

Future value of a series of deposits

Explanation:

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