George Jones is planning on a cruise for his 70th birthday party. He wants to know how much he should set aside at the beginning of each month at 6% interest to accumulate the sum of $4,800 in five years. He should use a table for the:
Future value of an ordinary annuity of 1.
Future value of an annuity due of 1.
Future value of 1.
Present value of an annuity due of 1.