- CFA Exams
- CFA Level I Exam
- Topic 1. Quantitative Methods
- Learning Module 1. The Time Value of Money
- Subject 2. The Future Value and Present Value of a Series of Equal Cash Flows (Ordinary Annuities, Annuity Dues, and Perpetuities)

###
**CFA Practice Question**

You are trying to accumulate $5,000 in a savings account at the end of 4 years. The savings account pays 7% per year and you plan to make yearly deposits at the end of each year. How large must the deposits be?

A. $1,337.50

B. $1,250.00

C. $1,126.14

###
**User Contributed Comments**
0

You need to log in first to add your comment.