问题 单项选择题

A pension fund expects to pay obligations of $ 5000000 4 years from today. The fund will fund this obligation by making 5 annual, equal deposits into an account earning 3% , with the first deposit occurring today, and the last occurring at the time the obligation is due. What size must each annual deposit be()

A. $ 904874.

B. $ 941773.

C. $1125662.

答案

参考答案:B

解析:

The FVFA for 5 payments at 3% is 5. 309136. Each payment must then equal $ 5000000/5.09136.

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