You have your choice of two investment accounts. investment a is a 10-year annuity that features end-of-month $2,700 payments and has an interest rate of 10 percent compounded monthly. investment b is an annually compounded lump-sum investment with an interest rate of 12 percent, also good for 10 years. how much money would you need to invest in b today for it to be worth as much as investment a 10 years from now?
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Ответ:
B. Agency is terminated by incapacity.
Explanation:
The agency contract is a legal agreement that is were the first party agrees to the actions of the second party and the power of the agent is bound to the agreements of the principle. The principle is responsible for the agents and running the agency. The termination of the agency is due to the death or the incapacity of the individual or else the agency may be terminated by law.