Which of the Following Is Not Necessary to Know in Computing

question 64

Multiple Choice

Which of the following is not necessary to know in computing the future value of an annuity?

• A) Amount of the periodic payments
• B) Interest rate
• C) Number of compounding periods
• D) Year the payments begin

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Definitions:

De Novo Review

A type of court review in which the reviewing court considers the matter anew, as if it had not been heard before and without deference to the previous court's decision.

Freedom of Information Act

A U.S. law aimed at ensuring public access to government records, subject to nine exemptions for specific categories of information.

Statutory Obligation

A legal requirement defined by legislation that mandates individuals or entities to act in a specific manner.

Administrative Adjudication

The process by which a government agency resolves disputes, involving the application of regulations and laws to specific cases.