(use a 9 percent annual interest rate for all transactions a. Borrowed $103‚000 for nine years. Will pay $9‚270 interest at the end of each year and repay the $103‚000 at the end of the 9th year. In transaction (a)‚ determine the present value of the debt. 1. We find PV of ANnuity of $1 for 9 Yrs at 9% = 5.9952 PV of $1 for 9Yrs @9% = 0.4604 So PV of debt = 9270*5.9952 + 103000*0.4604 = $1‚02‚997 b. Established a plant addition fund of $520‚000 to be available at the end of year 8. A single
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Human being is polarized by reason and emotion. These two poles differ in all aspects‚ while both are gathered in man. Hamlet‚ the protagonist of Shakespeares greatest work‚ is the sample of this polarization. The emphasis in Hamlet on the control or moderation of emotion by reason is so insistent that many critics have addressed it. A seminal study is undertaken by Lily Bess Campbell in Shakespeare ’s Tragic Heroes‚ Slaves of Passion. John S. Wilks‚ in a masterful of examination of conscience‚
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HISTORY SUMMARY 1865-1990 1865-1900 In the years following the Civil War the United States was transformed by the enormous growth of industry. Once‚ the United States was mainly a nation of small farms. By 1900‚ it was a nation of growing cities‚ of coal‚ steel‚ and of engines and fast communications. Though living standards generally rose‚ millions of industrial workers lived in crowded‚ unsanitary slums. In the north‚ industrial violence was common and occurred on numerous occasions.
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Considering the Present Kanina Rollerson Ashford University: PSY 202 August 31‚ 2014 The first event that I choose was graduating high school. The reason I choose this event and experience is because no one in my family had ever graduated high school. My mother‚ father‚ nor my brother ever got a high school education. Although‚ my mother and father never married I can remember them both saying that they didn’t finish high school. My father got a GED but my mother still to this day doesn’t
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Lifestyle in the past and now Each period of life has a different features. Past and now are a linked chain of events include many of developments in lifestyle. Past and now are complementary times to each other. Past lifestyle was completely different from nowadays in many things such as the residence‚ the transportations and the education. The residences style in the past varied according to the places such as In the deserts‚ the Bedouin used tents‚ because they always
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To begin‚ the quote from "Lives on the Boundary‚" by Mike Rose reads "More often than we admit a failed education is social more than intellectual in origin." To me when Rose states this he gives examples of people like Caroline and Thuy Anh. They came from two different social backgrounds and their in the same class for the same reason. It’s not because they don’t have the intellectual knowledge to read and write. It’s because of there childhood. They had to put other things first rather than they’re
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Being able to live to see this day is an honor‚ but being able to apply for this scholarship is truly a blessing. There are many reasons why people choose to apply for scholarships. Some may even have pros and cons. Today‚ I’m applying for this scholarship for benefits and less worries. I have some many reason why I would apply for this scholarship but I will only list three. I believe I’m the candidate for this scholarship because I am a very persistent person‚ I am unique‚ and I am able to do anything
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Abortion is indeed a big issue in many aspects. What are the real reasons why many women engage in such kind of procedure? Abortion nowadays is being practiced in many countries for some reason: to lessen the population growth‚ to give women the privilege to live without guilt and to prevent teenagers from having their lives ruined by an untimely pregnancy. Abortion can be the solution for the continuous growth of population. Nowadays‚ the issue of overpopulation is very rampant. The population
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BACKGROUND OF THE STUDY The last decade however exposed the declining level of client’s satisfaction from the built facilities as a result of poor quality performance in addition to the perennial problem of time and cost overrun ( Arazi and Sodangi). Xiaohang 2011 explained that construction contractors have big influence upon project and their success. There are many main contractors’ selection criteria that can be found in literatures‚ but in real practice‚ clients may have their different criteria
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“Necessity is the mother of invention.” This quote is commonly used to explain how another miraculous invention was discovered. Throughout history‚ many inventions have been created. The Industrial Revolution started in the late 1700s‚ and since then humankind has been developing at an exponential rate. Truly amazing and useful devices‚ such as the steam engine and telegraph‚ were invented. In the last 100 years‚ many inventions and innovations have been created that make society’s life better‚ and
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