Preview

Week 7 Discussion

Satisfactory Essays
Open Document
Open Document
262 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Week 7 Discussion
1. A) FIRST MUST GET THE PRESENT VALUE(PV) - PLUG IN THE (PV) TO “FV= pv * [1 + (1+rm(mt))]” PV=p * [1-(1+ rm-mt)](rm) FV=pv*[1-(1+rMmt)]

PV=200*[1-(1+.0512-12*30)](.0512) FV= 37256.32 * [1+.0512(12*30)]

PV=200*[1-(1+.004166666-360)].004166666 FV= 37256.32 * 4.467744314 PV=155.2346702.004166666 FV= 166451.71 PV= 37256.32 TOTAL MONEY= $ 166451.71

B) what formula would I use for this?

C) the total interest earned over a period of 30 years is $175.12

D) I do not get this part of the question

2. PV=2000*[1-(1+.3512-12*20 )] .3512 = PV=2000*[1-1+.029166666-240].029166666 = PV=1997.984145.029166666 =

PV= 68,502.31512

3. PV=1000000*[ 1-(1+.0812-12*40) ].0812

PV=1000000*[ 1- 1+ .006666666-480)].006666666

PV=958802.6154.006666666

PV= 143,820,406.7

4. R= Pi1-1+i-n = R=60000.65121-(1+.6512)- 12*20 = R=32501-.000003175 = R=3250.999996825 =

R=3250.010319

5. You wish to purchase a house for $200,000 with 20% down. You will have it financed over 30 years at a rate of 8%. In addition, your yearly real estate tax is $4,800 while your monthly insurance payment on the home will be $30. What is your monthly mortgage payment? How much does your house cost per month including principal, interest, real estate taxes, and insurance?

- I have no clue how to start this problem, can you help me start it

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Fin 310

    • 2691 Words
    • 11 Pages

    8-3 Buying Stock with Commissions At your discount brokerage firm, it costs $8.95 per stock trade. How much money do you need to buy 200 shares of Pfizer, Inc. (PFE), which trades at $27.22?…

    • 2691 Words
    • 11 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 4

    • 262 Words
    • 2 Pages

    Macro is designed for the do-it-yourselfer. The software program is ranked among the most useful tools of Microsoft programs. They took a task that would have been executed manually and made it automatic for many computer tasks. This can be from a simple task of creating spreadsheets or worksheets to a very complex task of exporting journal entries in an Excel program into an accounting package and the creating reports in Word. What makes Macros so great tis that in a lot of cases you don’t need to be an expert to set it up? You need to invest a little of time to learn the language they are written it…

    • 262 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    What type of compensation component would you like to have through your employer that is not currently offered? Explain your rationale. Is your request consistent with your employer’s organizational goals? A compensation component is not a benefit, but may refer to how compensation is calculated, as in the case of those paid on commission. I believe you are asking for a new benefit. Like 401K, profit sharing, or health benefits. Commuting reimbursement or funding. This is not the same as travel or vehicle reimbursement/funding, as when performing job functions while working. Commuting reimbursement covers the employees cost of travel to and from work locations on a regular basis, outside of those times the employee is working. Simply, you get paid to drive to and from the office.…

    • 683 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Week 13 discuss

    • 222 Words
    • 1 Page

    For myself, I believe that I create a melody where there is none. In a situation as simple as a conversation, the melody is the driving force or “reason” for a composition. This reason can simply be suggested as the plot or point of the conversation. In music, even with complex and atonic compositions such as Stravinsky, it is clearly possible to listen for the repetition of a phrase or tonal quality that may help one forward through the piece of music. The crescendo and decrescendo of the music, the contrapuntal nature of complex compositions, even the division of an orchestra into sectional pieces of a song are all methodology in which to create the climax, a climax found to be stronger under the influence of a melody that does not exist until discovered. Beauty is in the “ears” of the beholder.…

    • 222 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Week 1 Discussions

    • 764 Words
    • 4 Pages

    Use the Internet or the Strayer Library to research the tools related to the managerial economics. Answer the question: What managerial economic decisions are business leaders making? Be prepared to discuss.…

    • 764 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Discussion Week 1

    • 10370 Words
    • 42 Pages

    Welcome to HRIS! In terms of the different types of HRISs, what is the main difference between an Management Information System (MIS) and a Human Resources Management Decision System (HRMDS)?…

    • 10370 Words
    • 42 Pages
    Good Essays
  • Satisfactory Essays

    Week 6 Analysis

    • 285 Words
    • 1 Page

    The full moon occurs when the sun and the moon are on the opposite side of each other. This means that the hemisphere of the moon is that’s facing the earth is completely illuminated by the sun. The other special thing about a full moon is a solar eclipse. Reason why is because a solar eclipse can only appear when the moon phase is at full moon. A solar eclipse often happens about every 6 months. We have names for these full moon events that occur. For example, farmers have a unique name for the full moon every name. These names are called Farmers’ Almanacs. Here are 12 names for each month: wolf moon for January, Snow moon for February, worm moon for March, seed moon for April, milk moon for May, mead moon for June, hay moon for July, corn moon for august, harvest moon for September, hunter’s moon for October, beaver’s moon for November, and oak moon for December. (Moon Connection, 2014) The moon does have some habitat effects on earth. One of the most commonly known effect are the tides in the ocean. This is because of the gravitational pull between the earth and the moon. The tidal effects are definitely high during a full or new moon. I would say that most surfers love the effect of the moon during these phases since the tides produce bigger waves. This effect doesn’t harm the earth at all but could be dangerous for ships on the water. Other than that, the full moon has some amazing features and is an awesome site to see at night.…

    • 285 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    week 3 discuss

    • 399 Words
    • 2 Pages

    > All societies are based on beliefs, the strongest of which are religious in one form or another. Even the American Indians could be described as religious in their beliefs of rain dances and war songs of the past. Most cultures are deeply rooted in the past; it is the history of all life that makes people who they are. Plainchant serves as the music of Catholicism, Baptist hymns, Buddhist temple chants, Eastern Indian monophonic music, even New Orleans death march all serve as sacred music to the people that perform them. In whatever form, it is not just the sacred chants that prevail but also the stories that they tell and the message that they send.…

    • 399 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    There are many ways that a company can motivate its employees. Consider the different types of pay and benefits described on pp. 420–423 of the text. What type of incentive do you think is most effective for creating a motivating work environment? Why?…

    • 500 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

     Do social inequities (for example, certain individuals preferred over others for jobs, housing financing, and so on) based on race still occur? If so, what are some examples that you have seen?…

    • 492 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 5 Team Discussi

    • 332 Words
    • 2 Pages

    The Vroom model of leadership examines how leaders go about making decisions and the approach of assessing the situation before determining the best leadership style. (Bateman & Snell, 2011). The Vroom model evaluates seven situational factors for problem analysis that include; decision significance, importance of commitment, leader’s expertise, likelihood of commitment, group support for objectives, group expertise and team competence. (Bateman & Snell, 2011)…

    • 332 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week 8 Critical Thinking

    • 406 Words
    • 2 Pages

    The article I chose to write about was Cyber bullying Victims Fight Back in Lawsuits…

    • 406 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Week 4. Team Reflection

    • 609 Words
    • 2 Pages

    Throughout this course, we established a foundation in understanding Business Information Systems. This week’s objectives were to describe how wireless technologies are used in the workplace and how to use spreadsheets in business situations. While some members of Team A were well versed in Microsoft tools, others had their first lesson on Microsoft’s Excel and Access fundamentals.…

    • 609 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    RE: Week 1 Discussion

    • 1165 Words
    • 3 Pages

    Organizational Behavior Final Paper Xiaoran Zheng Keiser University Dr. Kevin Cojanu MAN571 10/26/2014 Case1, Power and Influence National Australia Bank (NAB) rogue trader Luke Duffy and his colleagues created losses of 350 million, thanks in part of Duffys power and influence tactics. Power is the capacity of a person, team, or organization to influence others. The five sources of power are Legitimate, Reward, Coercive, Expert and Referent. Legitimate power is Agreement that people in certain roles can request certain behaviors of others, it also based on job descriptions and mutual agreement from those expected to abide by this authority. Legitimate power range (zone of indifference) is higher in high power distance cultures. Reward power has Ability to control the allocation of rewards valued by others and to remove negative sanctions, and it operates upward as well as downward. Coercive power has Ability to apply punishment, and it exists upward as well as downward. For example, Peer pressure is a form of coercive power. Expert power means Individuals or work units capacity to influence others by possessing knowledge or skills that they value. Employees gaining expert power over companies in knowledge of economy. Referent power Occurs when others identify with, like, or otherwise respect the person. And it always associated with charismatic leadership. Contingencies of power are the process of sources of power turn to power over others, its substitutability, centrality, discretion and visibility. Some of historys earliest characterizations of leaders concerned their use of power. Current scholars have also emphasized the need to the conceptualize leadership as a power phenomenon. Many people use the terms power, influence, influence tactics synonymously, but it is useful to distinguish between them. Power is the potential of an individual (or group) to influence another individual or group it is the capacity to cause change. While we usually think of power…

    • 1165 Words
    • 3 Pages
    Powerful Essays
  • Good Essays

    Re: Week 6

    • 891 Words
    • 4 Pages

    Dunkin' is the winner simply because many of its Dunkin' Donut stores are also paired with Baskin-Robbins ice cream stores, since Dunkin' group also owns the Baskin-Robbins chain. But Starbucks' has improved its menu as of late, and it is reaching to an entirely demographic than ice cream and donuts.…

    • 891 Words
    • 4 Pages
    Good Essays