Chapter 2: Time Value of Money 2.1) I = iPN = (0.09)($3‚000)(5) = $1‚350 2.2) • Simple interest: F = P (1 + iN ) $4‚ 000 = $2‚ 000(1 + 0.08 N ) N = 12.5 years (or 13 years) • Compound interest: $4‚ 000 = $2‚ 000(1 + 0.07) N 2 = 1.07 N log 2 = N log 1.07 N = 10.24 years (or 11 years) 2.3) • Simple interest: I = iPN = (0.07)($10‚ 000)(20) = $14‚ 000 • Compound interest: I = P ⎡(1 + i) N − 1⎤ = $10‚000 ⎡(1.07)20 − 1⎤ ⎣ ⎦ ⎣ ⎦ = $28‚696.84 2.4) •
Premium Copyright Pearson Education Upper Saddle River, New Jersey
Relationship Management Academic Year 2014/2015 Semester 1 Case Assignment 3 Read the Harvard Business School case for Maru Batting Center‚ # KEL688. The optional technical note‚ Using Customer Relationship Management to Analyze the Lifetime Value of a Customer #KEL695‚ can also help walk through the exercises. The data in Excel format is available for download in the course package‚ #KEL691. Answer the questions below based on only information presented in the case and your understanding
Premium Time value of money Customer service Net present value
England‚ as well as other visits to schools where good practice was identified. Part A describes the quality of ICT education in primary and secondary schools over this period. Part B considers how tackling assessment‚ vocational qualifications‚ value for money and resources might improve ICT provision. Age group: 4–19 Published: March 2009 Reference no: 070035 Contents Executive summary 4 Key findings 5 Recommendations 7 Part A. The quality of ICT education 8 Primary schools
Premium Primary education Primary school Education
permanent in life except change. Every day is a different day from yesterday‚ and change is inevitable. Everything around us changes with the passage of time. Changes can be categorized under two main types‚ which are either beneficial or harmful. But I believe that most of the time‚ change is for the better than for the worse. From the olden days‚ when the time where our parents were merely just teenagers like us‚ till today‚ a lot has changed. Ranging from the technology of our era till the way we behave
Premium Marriage Family Social network service
Competition environment 4.9.2 How –simulation method There are many ways to create a forecast for a certain goods that a planner can use just one or combine many methods together. According to Chopra and Meindl define these methods as follows: 1. Qualitative methods Rely upon a person’s intuition or subjective opinions about a market. These methods are most appropriate when there is not much historical data to work with. 2. Causal methods assume that demand is strongly related to a particular
Premium Supply chain management Time series Supply and demand
Pentacyclic Triterpene Distribution in Various Plants – Rich Sources for a New Group of Multi-Potent Plant Extracts Sebastian Jäger 1‚*‚ Holger Trojan 1‚ Thomas Kopp 1‚ Melanie N. Laszczyk 2 and Armin Scheffler 1 1 2 Carl Gustav Carus-Institute‚ Am Eichhof 30‚ D-75223 Niefern-Öschelbronn‚ Germany Betulin-Institute‚ Blumenstrasse 24‚ D-64297 Darmstadt‚ Germany; E-Mail: m.laszczyk@betulin-institut.de (M-N.L.) * Author to whom correspondence should be addressed; E-Mail: sebastian.jaeger@carus-institut
Premium Olive oil Olive Apple
scientific method has changed over time and if it is more less effective at achieving its goals? I will discuss this question in both sides during this essay. I preferred this question than the other questions because it is a strong question and I would like to discover more and research deeply in this investigation. The scientific method has been existing over a thousand years ago to be specific the science method started in the 17th century and methods of scientists has changed many times during
Premium Science Scientific method Theory
Holt-Winters forecasting procedure is a simple widely used projection method which can cope with trend and seasonal variation. We can apply this method to lots of fields such as banking data analysis‚ investment forecasting‚ inventory controlling and so on. This paper shows us a practical banking credit card example using Holt-Winter method in Java programming for data forecasting. The reason we use Holt-Winter is that this method is simple while generally works well in practice‚ and is particularly
Premium Time series analysis Exponential smoothing Data analysis
Time Value of Money Paper In order to understand how to deal with money the important idea to know is the time value of money. Time Value of Money (TVM) is the simple concept that a dollar that someone has now is worth more than the dollar that person will receive in the future‚ this is because the money that the person holds today is worth more because it can be invested and earn interest (Web Finance‚ Inc.‚ 2007). The following paper will explain how annuities affect TVM problems and investment
Premium
TREND PROJECTIONS: Seasonal Variations with Trends * is essentially concerned with the study of movement of variable through time. * requires a long and reliable time series data. * is used under the assumption that the factors responsible for the past trends in variables to be projected will continue to play their part in future in the same manner and to the same extend as they did in the past in determining the magnitude and direction of the variable. Limitations: * The first
Premium Future Regression analysis Time