C. Future value of an ordinary annuityf 1 O D Present value of an ordinary annuity of 1 QUESTION 8 Which of the following transactions would best use the present value of an annuity due of 1 table? O A Fernetti, Inc. rents a truck for 5 years with annual rental payments of $20,000 to be made at January 1 each year O B Edmiston Co. rents a warehouse for 7 years with annual rental payments of $120,000 to be made at December 31 each year O C. Durant, Inc. borrows $20,000 and has agreed to pay back the principal plus interest in three years. O D Babbitt, Inc. wants to deposit a lump sum to accumulate $50,000 for the construction of a new parking lot in 4 years UES TION 9 If the number of periods is known, the interest rate is determined bv