The present value of an annuity of $8,000 per year for 25 years at 5% interest is:
The future value of an annuity due of $10,000 per year for 20 years at 5% interest is:
The most important components of any contract include the following EXCEPT
A. Parties to the contact
B. The right clues specifying each party's rights entitles through the contract
C. Exchange rate used in the contract
D. The obligations clause specifying each partys responsibilities and obligations assumed in the contract