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____________ indexes and indexed views should be used sparingly because they must be updated whenever any of the data in the underlying tables changes.
Lessor's Implicit Rate
The interest rate used in lease agreements, assumed by the lessor, that when applied to the lease payments, equals the fair value of the leased asset.
Ordinary Annuity
A series of equal payments made at the end of consecutive periods over a fixed length of time, such as monthly rent or annual scholarship allowances.
Present Value Factors
Multipliers used to calculate the present value of a sum to be received in the future by accounting for time value of money.
Minimum Rental Payments
The lowest amount of payment due under a lease agreement, which includes both the principal and interest components for a lease.
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