Abstract: An apparatus and method for gripping and tightening laces for proper functioning of footwear, the apparatus comprising a lace with an outer surface, a first end, and a second end, wherein the outer surface at each end may be covered by an aglet, and the outer surface between each aglet has at least an aperture, each aperture forming a closed loop extending through the lace and normal to the outer surface, said aperture sized such as to allow for the insertion of at least one finger into each aperture. The method of using the apparatus comprising the steps of selecting the corresponding apparatus length based upon desired application; threading the apparatus through lacing guides; inserting at least one finger through at least one aperture in the apparatus; and pulling on the apparatus; whereby tensioning the apparatus to the desired tightness for proper functioning of the footwear has been accomplished.

Abstract: A system and method for annuity valuation. The system of the present invention comprises a processor for execution of the method of the present invention and a data storage device for storage of data related to annuity accounts. The system also comprises an input device for input of variables and parameters related to the method of the present invention. The system may also comprise an output device for transmission of or display of data related to annuity accounts. The method of the present invention comprises the application of different interest (earnings) rates for a plurality of time periods during the term of the account. The present invention operates and in and appropriately reflects changes in increasing, declining, and steady interest rate environments. Annuities offered utilizing the present invention afford the company the opportunity to provide credits for reinvestment. Also, variables of the present invention allow companies to offer a myriad of different annuity products to its customers.