As you increase the length of time involved, what happened to the present value of an annuity? Briefly explan your answer. What happens to the future value? Briefly explan your answer. If you were an athlete negotiating a contract, would you want a big signing bonus payable immediately and smaller payments in the future, or vice versa? Briefly explan your answer. Will you change your answer if the question was related to the team rather than just you? (i.e. consider the teams perspective)? Briefly explan your answer. What happens to the future value of perpetuity if interest rates increase? Briefly explan your answer. What if interest rates decrease? Briefly explan your answer.