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Future. Value of Ordinary Periods Future Value of $1 Annuity of $1 at 12 Percent 1 2 3 1.120 1.254 1.405 at 12 percent 1.000

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Future. Value of Ordinary Periods Future Value of $1 Annuity of $1 at 12 Percent 1 2 3 1.120 1.254 1.405 at 12 percent 1.000 2.120 3.374 If an accumulation of $500 is desired at the end of three years, what amount must be deposited now to accomplish that goal? [A] $446.43 [B] $355.87 [C] S267.86 [D] $148.19

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