There Are Three Factors That Affect the Future Value of an Annuity

question 35

Essay

There are three factors that affect the future value of an annuity. Explain what these three factors are and discuss how an increase in each will impact the future value of the annuity.

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Definitions:

Radially Symmetrical

A form of symmetry in which body parts are arranged around a central axis, allowing for symmetry in multiple planes.

Deuterostomes

A group of animals in which the anus forms from the first opening in the embryo, with the mouth forming later.

Cnidarians

A phylum of animals that are more complex than sponges, characterized by their radial symmetry, a central gastrovascular cavity, and the presence of cnidocytes; includes jellyfish, corals, and sea anemones.

Spiracles

External respiratory openings found in some animals, such as insects and some amphibians, that allow air to enter and exit the trachea.