Annual rate of return uses a simpler calculation that does not require the use of annuity tables.
What is annuity tables?
A tool for calculating the present value of an annuity or other structured sequence of payments is an annuity table. In order to calculate how much money would be owed to an annuity buyer or annuitant, such a tool, used by accountants, actuaries, and other insurance experts, considers how much money has been invested in an annuity and how long it has been there.
A financial calculator or the software designed for this purpose can also be used to calculate the present value of any future annuity amount.
A tool for figuring out an annuity's present value is an annuity table.
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Answer:
C
Explanation:
Different economic systems were created in the past to solve different issues/problems in separate conditions from other countries
Answer:
b) If auditors can demonstrate due diligence.
Explanation:
Under the liability provisions of section 11 of the Securities Act of 1933, auditors may be liable to any purchaser of a security for certifying materially misstated financial statements that are included in the registration statement. Under section 11, auditors usually will not be liable to the purchaser if auditors can demonstrate due diligence.
Section 11 of the Securities Act of 1933, 15 U.S.C. § 77k (1988), provides investors with the ability to hold issuers and others liable for any damage incurred and caused by false statements of fact or even material omissions of fact within registration statements as at when effective.
The Securities Act of 1933 was used to regulate the stock market as the first federal legislation. With this act, power was given to the federal government and taken away from the state governments.
Hence, the Securities Act of 1933 is used to protect investors from frauds by creating a set of standard rules.
In conclusion, auditors usually will not be liable to the purchaser if auditors can demonstrate due diligence in their services and responsibilities.
Answer:
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B. To get an error adjusted in the next billing cycle