Date Received by Instructor:
Date Returned to Student: Official Name English Name Student I.D. Number
Ly Nam Hung 12389
Home Telephone Hours to Call
0985490790
Email hungly0610@gmail.com Fax
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(2014 Summer) FIN501-201402
Course ID Number
Dr. Stephen Hyatt
Instructor Name
Financial Management
Course Title
Module 5 assignment
Assignment Submitted
Academic Integrity: Plagiarism is the intentional or unintentional presentation of another person’s idea or product as one’s own. You can avoid unintentional plagiarism by carefully accepted scholarly practices. Notes taken for papers and research projects should accurately record sources of material to be cited, quoted, paraphrased, or summarized, and papers should acknowledge these sources in footnotes. The penalties for plagiarism include a zero or a grade of “F” on the work in question.
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Grade Earned Date
TEAM ASSIGNMENT
List of member of Team 6:
1. Nguyen Thi Hong Lien (10836)
2. Le Manh Hung (12397)
3. Mai Thi Tuyet Anh (12400)
4. Ly Nam Hung (12389)
Chapter 5
Question 1:
Interest: 8%
Deposit $5,000
First City Bank applies simple interest:
After 10 years, we get: $5,000*8%*10=$9,000
Second City Bank applies compound interest:
After 10 years, we get:
FV=PV(1+r)t