Who may endorse an instrument made payable to a legal entity such as a partnership?

A) The president
B) The chief executive officer
C) The chief financial officer
D) The treasurer
E) Any authorized representative

As long as the interest rate is greater than zero, the present value of a single sum will always:

A) Increase as the interest rate increases.
B) Be less than the future value.
C) Decrease as the period of time decreases.
D) Equal the future value if the time period is one year.
E) Increase as the number of periods increases.