Part I A. Present Value with Discount rate of 7% = 15000/(1+7%) = 15000/1.07 = $14‚018.69 Present Value with Discount rate of 4% = 15000/(1+4%) = 15000/1.04 = $14‚423.08 B. Account A - Present Value with Discount rate of 6% = 6500/(1+6%) = 6500/1.06 = $6‚132.08 Account B - Present Value with Discount rate of 6% = 12600/(1+6%)^2 = 12600/1.1236 = $11‚213.96 C. Present Value of Gold Mine 7% = 4900000/1.07 + 61‚000‚000/(1.07)^2 + 85‚000‚000/(1.07)^3 = 45‚794‚392.52 + 61‚000‚000/1.1449 + 85
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Question 1c In order to create the criteria for the committee we have to look at what they want from the project. Most businesses and organisations are in business to make a profit‚ however the committee has different aims and objectives compared to a normal business or organisation. They need to weight up the options of each proposal and decide which best relates to their aims and objectives. When the committee is considering which proposal to go with they should consider the following categories
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Development: This is the growing understanding of right and wrong‚ change in behavior caused by that understanding is likely. This is often called the conscience. It is important to look at each child holistically and not just at every individual aspect of their development‚ although this is important to. There are many different observation methods that are used within the school setting. There are four main observation methods. Naturalistic- These observations are carried out in the child’s
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Aspects of a Tragic Hero To be a tragic hero‚ the character must show a great strength of heroism‚ including a vulnerability‚ that could lead to his or her demise. Sophocles‚ the great ancient playwright of the Greek Empire was as popular then as he is today. Antigone‚ one of his many plays‚ is still appreciated in modern day literature. Sophocles’ main characters Antigone and Creon are both similar and diverse in which they could qualify as tragic heroes. Antigone and Creon have very many similar
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Social Aspects on Marketing The market economy is a faceless system that is run by competition‚ and the means to achieve and succeed may not always be ethical or acceptable. Marketers have been accused for deceptive practices‚ such as deceptive pricing‚ promotion and packaging. Deceptive practices lead the consumer to believe they get more value to their money than they actually do. Marketers have also been accused for creating needs that would not exist without heavy advertising. For example‚ people
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Name- Mithila Javeri Social aspect in marketing Introduction: What is marketing? Marketing‚ more than any other business function‚ deals with customers. Understanding‚ creating‚ communicating‚ and delivering customer value and satisfaction are at the very heart of modern marketing thinking and practice. What is societal marketing or social aspect in marketing? Societal Marketing is basically a marketing concept that is of the view that a company must make good marketing decisions after considering
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“ Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web‚ we do to ourselves. All things are bound together. All things connect. ” This is a quote said by a Native American chief‚ shows the attitudes of the Native American people as a whole and Pocahontas’ Mattaponi tribe. Disney’s highly acclaimed movie‚ Pocahontas‚ is about a female Indians battle to be with an Englishman named John Smith; even against her tribes culture and traditions. Throughout this
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1.2 Describe with examples how different aspects of development can affect one another. There are many examples that can describe how different aspects of development can affect one another. Most of the time one aspect will lead to another and for example playing hide – and - seek will require all of the areas of development. A child needs to run to a hiding place or walking to find someone – those moves will develop child’s physical development; social‚ emotional and behavioral development will
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Agreement is an important aspect in the formation of a contract. A contract is a legally binding agreement between 2 parties. A contractual agreement is said to exist when a valid offer is followed by a valid acceptance. • Sometimes people will negotiate to try to gain something different from what is first offered. This may make it difficult to know exactly when a contract is formed and when legal obligations begin. Components necessary for contract formation • 1. An OFFER- a promise to be bound
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organisation‚ the division of profits between the respective partners‚ the identity of the individual partners‚ the minimum hours per week that each partner is expected to work and the division of debts between the partners. There are many other legal aspects that must be taken into account in the setting up of ILM Trading. These include such legislation as the Sales of Goods Act 1979‚ the Supply of Goods and Services Act 1982‚ the Data Protection Act and different types of legislation dealing with advertising
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