A. Compound Interest Formula:FV = P (1 + r) nFuture Value = FV‚ P = Principal‚ r = interest rate and n = number of years. = $500(1 + 0.06) 10a) An initial $500 compounded for 10 years at 6 percent. A = $ 895b) An initial $500 compounded for 10 years at 12 percent. 500(1 + 0.12) 10B = $1553Present Value Calculation:PV = present Value‚ Principal = $ 500‚ r = interest rate and n = number of yearsFormula:PV = FV/(1 + r) nThe present value of $500 due in 10 years at a 6 percent discount rate.
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CRITICAL THINKING CASES 2.1 The Lawrences’ Version of Financial Planning Rob and Lisa Lawrence are a married couple in their mid-20s. Rob has a good start as an electrical engineer and Lisa works as a sales representative. Since their marriage four years ago‚ Rob and Lisa have been living comfortably. Their income has exceeded their expenses‚ and they have accumulated an enviable net worth. This includes $10‚000 that they have built up in savings and investments. Because their income has always
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Industrial Relationship Protect from Internal and External Economic Development These points show that the administration is used all over the sections of country. The Importance of Public Administration by William Hatcher This is the first installment of a monthly column dedicated to exploring the connections between public administration and community development. Through this column‚ I hope to highlight the work in public administration that is focused on development and encourage our scholars to
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1. Introduction Commercial Bank implies that banks devote most of their resources to meeting the financial needs of business firms. This institution offers the public both deposit and credit services as well as a growing list of newer and more innovating services‚ such as investment advice‚ security underwriting‚ and financial planning. In recent years financial institutions have diversified themselves to satisfy consumers and units of government around the world. The result is the emergence of
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University of Liberal Arts Bangladesh Department of Business Administration Internship Report On “Borrower’s Perception On Prime Bank Limited” Submitted to: SUMAIYA ZAMAN Lecturer‚ Business Administration Submitted by: SAMEER ANSARY ID: 081011072 BUS-499 Major: Finance; Minor: Computer Science and Engineering Department of Business Studies (BBA) Date of Submission:
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Table of Contents EXECUTIVE SUMMARY 3 MISSION STATEMENT 4 DESCRIPTION OF BUSINESS 5 ADVANTAGES AND STRENGTHS 6 CRITICAL RISKS AND PROBLEMS 7 MARKETING 7 COMPETITION 9 OPERATIONS 10 MANAGEMENT 15 FINANCIAL 19 REFERENCES 20 CASE STUDY 2 21 EXECUTIVE SUMMARY This business plan is developed for opening a new patisserie and cafe in Melbourne CBD for its successful opening‚ growth and market share of its target audience. This rich and diverse business plan is anticipated to reach out to pastry target
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INTRODUCTION: The subject of car finance comprises the different financial products which allows someone to acquire a car with any arrangement other than a single lump payment. The provision of car finance by a third party supplier allows the acquirer to provide for and raise the funds to compensate the initial owner‚ either a dealer or manufacturer. For Business sector finance: Car finance is required by both private individuals and businesses. All types of finance products are available to either
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1.0 Introduction The Hong Kong Shanghai Banking Corporation (HSBC) stands for trust and prestige. It is one of the most efficient‚ best performing banks in the worldwide banking sector. The HSBC Group‚ one of the world ’s largest banking and financial services organizations‚ had its beginnings in Asia more than 130 years ago. The Group has some 9‚500 offices in 79 countries and territories in Europe‚ the Asia-Pacific region‚ the Americas‚ the Middle East and Africa. HSBC started its operation
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DETAILED PROJECT REPORT DAIRY FARMING Submitted by: ………………………………………….. ……………………………………………………….. ………………………………………………………. HI - TECH COMMERCIAL DAIRY Hi-Tech commercial Dairy as a new plan scheme is proposed to be implemented in the State starting from the year 2008-09. The scheme in principle stands approved by the Govt. It will be the part of the existing scheme of self employment and will be implemented with additional funds to be provided under the head and the detail of the scheme is as under:It
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1.0 Introduction Singapore already start adopting a one-tier corporate tax system effect from 1 January 2003. In Malaysia‚ it is referred as the ‘single tier’ system. The government allowed a six-year transitional period to enable companies with unutilized dividend franking credits to pay franked dividends. From 1 January 2008‚ all resident companies in Singapore will come under the one-tier system. Meanwhile‚ other countries including Hong Kong‚ Ireland and also Malaysia are adopting the one-tier
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