Time value of money‚ is exactly how it sounds. Time can determine the value of your money in aspects of Present Value (PV) and Future Value (FV). Present value is what your money is worth at the present point in time that you acquire it. Future value is what your money will be worth if you accrue interest over time. Equations for both are as follows. FV= PV (1 + i) ^n‚ PV= FV (1+i) ^ -n. Examples of both; you get $15‚000 now or $15‚000 in three years. If you take the $15k now and put it away
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Time Value of Money Problems 1. What will a deposit of $4‚500 at 10% compounded semiannually be worth if left in the bank for six years? a. $8‚020.22 b. $7‚959.55 c. $8‚081.55 d. $8‚181.55 2. What will a deposit of $4‚500 at 7% annual interest be worth if left in the bank for nine years? a. $8‚273.25 b. $8‚385.78 c. $8‚279.23 d. $7‚723.25 3. What will a deposit of $4‚500 at 12% compounded monthly be worth at the end of 10 years? a. $14‚351.80 b. $14‚851.80 c. $13‚997.40 d. $14
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TIME VALUE OF MONEY INTRODUCTION This module or note is created to provide students with step-by-step explanation and discussion on time value of money that mainly based on formulas instead of time value of money tables. The reason is so that students are able to answer all sorts of questions that involve interest rates and time period that are not available in the tables. OUTLINE OF THE NOTE A. Simple Interest B. Compound Interest 1. Single Amount • Future Value • Present Value
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NATURE AND CAUSES OF GLOBAL MONEY LAUNDERING PRESENTED BY: Kiran Aftab (Roll # 01) Afifa Naseer (Roll # 68) MBA-2004 4th Semester INSTITUTE OF BUSINESS ADMINISTRATION UNIVERSITY OF THE PUNJAB LAHORE TABLE OF CONTENTS Introduction 6 History
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Exam II Money and Economic Activity Name___________________________________ Fall 2012 Part I: MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) What makes the Federal Reserve so unique compared to other central banks around the world is its 1) ________ A) centralized structure. B) decentralized structure
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* Definition: The market where transactions of money and financial assets are accomplished for short time is called money market. On the other end‚ capital market is meant that market where transactions of money and financial assets are occurred for a long period. * Institutions: Important institutions operating in the’ money market are central banks‚ commercial banks‚ acceptance houses‚ non bank financial institutions‚ bill brokers. Important institutions of the capital market are stock exchanges
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Table of Contents List of Figures iii List of Tables iv List of Abbreviation v Abstract vii 1 Introduction 1 2 The Money Market 3 2.1 General Description of the Money Market and its Instruments 3 2.2 Participants and their Main Activities 4 2.3 Trading‚ Clearing and Settlement 6 2.4 Risks and Risk Mitigation 7 3 Collateral Management 9 3.1 General Description of the Collateral Management Function 9 3.2 Quality and Risks of Collateral 10 3.3
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1. What is black money? Black money is essentially the currency used in ‘black economy’. Black‚ shadow‚ underground‚ unobserved‚ unofficial‚ subterranean‚ unrecorded‚ informal‚ irregular‚ second‚ twilight‚ parallel – are all the synonyms used for the ‘shadow economy’. The shadow economy basically consists of legal and illegal activities outside the reach of the government. Smith (1985‚ p.18) provides a very broad definition of the shadow economy as ‘market based production of goods and services
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December 12 Scott Rothstein 2013 In July of 2010‚ Scott Rothstein was sentenced to 50 years in prison for running a US$1.2 billion Ponzi scheme from his Florida law firm. DH Gatsby EXECUTIVE SUMMARY: Money Laundering & Scott Rothstein In July of 2010‚ Scott Rothstein was sentenced to 50 years in prison for running a US$1.2 billion Ponzi scheme from his Florida law firm. Rothstein had two types of schemes. He persuaded clients/investors to purchase hundreds of millions of dollars
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the Kingdom of Saudi Arabia. Mission Our mission is to promote excellence and innovation in business education‚ research‚ and service in the Kingdom of Saudi Arabia in line with international standards. Basic Information Course Title: Money and Banking: ECON 207 Credit Hours: 3 Credit Hours Prerequisite: ECON 101 – ECON 103 Instructor: Ms. Nouf Alsharif Office Hours: Check the Office Office Location: N408 Instructor ’s e-mail: nalsharif@pscw.psu.edu.sa
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