What is the future value of the annuity-internal controls

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Reference no: EM131829545

1. A 7.0%, 4-year ordinary annuity pays $280.00 each year. What is the future value of the annuity?

2. What are internal controls? What responsibility does a company have related to internal controls?

3. What is a junk bond and why are they issued?

4. The local bank offers a fixed rate, constant payment amortizing loan of $100,000 with a 5.00% interest rate, 15-year amortization period and 5-year term. What is the monthly payment?

Reference no: EM131829545

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