Annuities Practice Problems Prepared by Pamela Peterson Drake 0. 0. Congrats! You just won the $64 million Florida lottery. Now the Surely Company is offering you $30 million in exchange for the 20 installments on your winnings. If your opportunity cost of funds is 8%‚ should you agree to this deal? 0. Given: CF = $64‚000‚000 / 20 = $3‚200‚000 N = 20 i = 8% Annuity due PV = $33‚931‚517.44 No: the annuity is worth almost $34 million to you‚ but Surely is offering only $30.
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Choosing to attend Rock Valley College was not a hard decision for me. It was always one of my top choices when I was deciding on where I would go to continue my education. I ended up choosing RVC over my other options for a few reasons. One reason is that RVC is in Rockford and close to home. After considering all my options‚ I realized I was not ready to leave home yet. I felt as though I would need a transitional period to help me adjust to college life and RVC would be the perfect place for that
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Learning English: Vietnamese have wide knowledge‚ but they are too shy to speak VietNamNet Bridge – The outdated teaching methods explain why Vietnamese people‚ despite spending a lot of time and money‚ still cannot speak English well. Learning English has become a norm in Vietnam. Everyone thinks that they must speak fluent English in order to get good jobs in this period of globalization. English language centres have been mushrooming in the past few years to satisfy the increasingly high
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Culinary tourism a growing focus For New Mexico ALBUQUERQUE — Boosters of New Mexico’s tourism industry are increasingly focusing on the state’s kitchens and restaurants as attractions that’ll draw more visitors and their dollars to the state. Tourism Secretary Monique Jacobson estimates that New Mexico’s spending to promote culinary tourism will reach $100‚000 during the current fiscal year‚ the Albuquerque Journal reported online Sunday. “It’s something we don’t want to [just] let happen
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The idea of the Electoral College was first introduced at the 1787 constitutional convention. Some delegates argued that the president should be selected by the legislature‚ however that might create a conflict of interest with the president trying to please the legislature and not actually being independent. Other delegates favored a direct election‚ where the popular vote would decide the president. The argument was that more populous states would have more control over the less populous states
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Negotiation Strategy Article Analysis Paper Andres Zangara MGT/445 University of Phoenix Every negotiation starts with a process followed by a strategy because without either‚ then it would be just a disagreement with any kind of resolution to the issue. Making sure that you get what you set out for is important but does not necessarily mean that the other person has to lose in the negotiation so making sure to go through the process and then coming up with a strategy ensures that
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Analyze two newspaper articles with respect to the tools of linguistics. This work includes two newspaper articles. Article one is called “Pakistan’s alternative tourism industry” by Shyema Sajjad (Pakistani perspective) and article two is named as “CIA Contractor Raymond Davis is Free—Now Is the Time to Reconsider Our Support for Pakistan’s Government” by Christian Whiton (American perspective). Firstly‚ this assignment will work at two levels of analyzing article discourse. The first level includes
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Because a college education offers many benefits‚ I will face my challenges‚ listen to expert advice and develop some strategies for success. According to the reading‚ “Why Go to College‚ “in my ENF textbook‚ students have many reasons for attending college. This will help me to think critically along with communicate better by analyzing and solving problems. I will learn to adapt to new situations by learning new culture also taking it into my own culture. I’m going to make learning my long life
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class we have read about many scholars and their thoughts on the schooling system. Our first author we read about was Rebecca Cox‚ a professor who thinks not only schooling should be improved but our entire political system as well‚ and her book The College Fear Factor explains exactly that. The second author discussed was Hsun Tzu who thinks that the goal of education should be to make a person who is truly consistent‚ but says that this takes time and comes with the experience of truly learning rather
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The book Persepolis and the article‚ The Friendly Iranians‚ present different ideas when it comes to describing what the TV means to the population of Iran. The book shows Margie‚ that has never had contact with a TV satellite antenna hearing one of her friends tell her that Fariborz‚ a close friend‚ which had just won that kind of antenna with international channels. Excited she jumps into a car and drives to her friend’s house where she watches MTV and EUROSPORT. She says‚ “We could finally experience
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