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) •
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LUNCH AND THEN IT IS WINTER !!! > > > > I FIRST STARTED READING THIS EMAIL & WAS READING FAST UNTIL I REACHED > > THE THIRD SENTENCE. I STOPPED AND STARTED OVER READING SLOWER AND > > THINKING ABOUT EVERY WORD. THIS EMAIL IS VERY THOUGHT PROVOKING. MAKES > > YOU STOP AND THINK. READ SLOWLY! > > > > AND THEN IT IS WINTER > > > > You know. . . time has a way of moving quickly and catching you > > unaware of the passing years. It seems just yesterday that I was > > young‚ just married and
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Calculate WACC using book values: The weight of debt is calculated by adding the current portion of long-term debt‚ notes payable and long-term debt‚ and dividing it by the sum of debt and equity. $5.4 + 855.3 + 435.9 = $1‚296.6 $1‚296.6 / (1‚296.6 + 3‚494.5) = .27 = 27% The weight of equity is calculated by dividing the total shareholder equity by the sum of debt and equity. $3‚494.5 / (1‚296.6 + 3‚494.5) = .73 = 73% Cost of Debt To find the cost of debt I subtracted the tax savings from
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While it may be acceptable to have a truck or SUV for some‚ others prefer the sportiness and handling of a roadster or performance vehicle. But what about winter? Is there a way to still be able to carve up mountain roads and still drive the vehicle through slush? Yes‚ and the answer lies in the type of tires you use. Snow tires or winter tires are different than regular tires. They have tread patterns specifically designed to dig down and bite into snow and ice‚ plus they are made from softer
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_ John Smith ACME Corporation 123 Corporate Lane Milford‚ CT 06461 March 2‚ 2007 Charles Jones CFO Fictiona‚ Inc. 456 Executive Drive Anywhere‚ CT 06777 Dear Charles Jones: As a long-time admirer of the outstanding work that your organization has done in the market‚ I particularly enjoyed having the opportunity to see how your company functions from the inside. As you indicated during our meeting‚ your organization has grown to a point where it needs to dramatically enhance its
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Before I started my SAE project‚ mending a Pasture in winter‚ I spent many hours researching how to do it correctly and the types of plants that would be the best fit. The plants used to seed are often the most neglected part of a pasture‚ yet it usually provides the majority of nutrients to the stock. Well-managed pastures that are properly grazed have the potential to minimize feed costs and increase long-term health or your field. Pasture is the most natural diet for animals. Pasture plants
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Pavel Ryabichev Professor Price English 55 Sep-16-2013 A Winter Storm There are days of happiness‚ and there are days of sorrow. The day I witnessed my first winter storm‚ was a day to remember. It was a cold‚ unforgiving winter in eastern Europe on my grandparents’ farm‚ where I spent most of my time. But this winter was not like any other I’ve ever experienced. Waking up that morning I was anxious to get outside and play with the snow‚ make snow angels‚ and start snowball fights with my
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Winter Paradise The smell of maple bacon tickled my nose only seconds before my cell phone rang loudly‚ awaking me from my sluggish state. I silenced the device and tossed it to the other side of the bed. I could feel the sunlight on my skin creeping through the cracks of the blinds. Opening my eyes to a room so brightly lit‚ I grunted as the light hit my dilated pupils. I crawled from underneath the thick comforter only to be hit by icy cold air‚ making my skin form little chill bumps. I grabbed
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Monitoring Winter Wheat Growth Using Plant Nutrition Active Sensor Abstract: A real-time integrated crop monitoring and application system is needed to be developed for the wheat growth environment. This research developed a ground base-sensing embedded on tractor which monitors the growth of winter wheat by using a couple of plant nutrition active sensors (Crop Spec) and RTK-GPS. In this active sensor‚ two different infrared wavelengths were used for determination of vegetation
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Comparing “the winter dreams”& “the great Gatsby” Have you fallen in love with a person and used them for money? In the two stories describes two girls use men for money. There are many similarities and differences of Judy from “winter dreams” and daisy from “the great Gatsby”. Judy Jones and daisy Buchanan are beautiful‚ wealthy‚ and shallow young women who love but money. Both Judy and daisy dress flimsy clothes witch shows a lack of character. They know that they can get men with their
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