Assume you are planning to invest $200 each year for four years and will earn 8 percent per year. Determine the future value of this annuity due problem if your first $200 is invested now.

As a percentage of total expenditures, spending on highways has _____ since 1970 . Spending on interest payments has _____ over the same time span

a. increased; increased b. decreased; decreased c. increased; decreased d. decreased; increased

A corporation is not

a. a legal identity separate from shareholders b. eligible to issue stock as a method of acquiring capital to expand operations c. allowed to file for bankruptcy protection d. a business form allowing owners to earn income e. a business organization whose ownership is the same as management