Week 5 Assignment 1 Time Value Of Money FP/101 Janie Wainscott If I placed $5‚000.00 in a savings account earning 2.50% interest compounded annually. How much would you have at the end of four years? How much would you have if the interest is compounded semi-annually? Annually‚ in four years‚ I would have a final savings balance of $13‚078.86. If my interest was compounded semi-annually of $13‚084.52. That is a difference of $5.66. So‚ there is little difference in making payments annually
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Yes the Electoral college should be taken out of the constitution.The Electoral College requires a presidential candidate to have transregional appeal. No region has enough electoral votes to elect a president. So a solid regional favorite has no incentive to campaign heavily in those states‚ for he gains no electoral votes by increasing his plurality in states that he knows he will win. This is a desirable result because a candidate with only regional appeal is unlikely to be a successful president
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The time value of money A rupee today is more valuable than a rupee a year hence. Thus money has time value this is because of several reasons:-1) Individuals‚ in general prefer current consumption to future consumption.2) In an inflationary period‚ a rupee today represents a greater real purchasing power than a rupee a year hence.3) Capital can be employed productively to generate positive returns. An investment of one rupee today would grow to (1+r) a year hence (r is the rate of return earned
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Time Value of Money The time value of money is an important concept for both the corporation and private consumer alike. The "Introduction to Finance and Accounting" class opened my eyes to some new financial concepts‚ especially in the context of large firms with debt and equity mixes to manage. I think that the time value of money stands out because not only do I stand to personally gain from the knowledge that time is money‚ I can also extrapolate the concept to my professional life with regards
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Jorge‚ and i will explain the path both Donald Trump and Hillary would need need to take to becomes America’s next president. The electoral college is a process not a place. It was established by our founding fathers. The college is a body of people representing the states in the United States‚ who formally cast votes for the election. The Electoral College is made up of 538 electors who cast votes to decide the President and Vice-President of the United States. When voters go to the polls‚ they
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According to a recent survey conducted by Student Monitor‚ a college market research company‚ college student’s state that the three biggest problems on college campuses are the cost‚ stress and drinking. Now more than ever‚ college binge drinking is becoming a relevant issue and it is often linked to rape and sexual assault. A recent study conducted by‚ The Maryland Collaborative to Reduce College Drinking and Related Problems‚ found “that alcohol use of any kind on campuses across the country each
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The Electoral College The 2016 election has brought a lot of attention to the electoral college after Hilary Clinton lost the election even though she had two million more votes than her opponent. The effects of the electoral college can make or break you in an election. So‚ should the electoral college stay or go? I believe that it should go. With the electoral college giving more votes to some states than others‚ campaigning usually is hit harder in the states with more votes. Because the popular
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and go to any college you desire. America’s gift to my generation is education. My generation has many opportunities to attend any college of their choice. When I grow up‚ I want to go to college and get my bachelor’s degree and be a teacher. Millions of people go to colleges in the U.S. There are many of universities and junior colleges you may choose to attend at. Back then‚ they didn’t have colleges or any type of school system or ever even heard of school.
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Time Value of Money According to the simple calculator on Bankrate.com‚ if I place $5000 in a saving account earning 2.50% Interest compounded at the end of a four year span I would have $10‚558.93 accumulated in my account. Setting the annual interest option to semi-annual I would have $10‚563.82. This is a difference of $4.89. Setting the annual interest rate to 3% compounded annually I would have $10‚716.56 in a four year span. Setting the Annual interest option to semi-annual I would have accumulated
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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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