Annuities Practice Problems Prepared by Pamela Peterson Drake 0. 0. Congrats! You just won the $64 million Florida lottery. Now the Surely Company is offering you $30 million in exchange for the 20 installments on your winnings. If your opportunity cost of funds is 8%‚ should you agree to this deal? 0. Given: CF = $64‚000‚000 / 20 = $3‚200‚000 N = 20 i = 8% Annuity due PV = $33‚931‚517.44 No: the annuity is worth almost $34 million to you‚ but Surely is offering only $30.
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self-discovery‚ moving on‚ and tragedy. • Looking For Alaska • Looking for Alaska is about a teenage boy‚ Miles‚ who’s never really had many friends‚ or adventures or anything remotely interesting happen in his life. When he goes to a new boarding school‚ he befriends Chip “the Colonel‚” Takumi‚ and the fascinating Alaska Young. There‚ the three friends take Miles under their wings‚ and introduce him to adventure‚ danger‚ and even love. Before long‚ Miles falls in love with Alaska‚ who shows him
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environmental issues gain greater attention‚ pressure is placed on all industries including financial services to implement green initiatives. There is a growing awareness amoung banks and financial institutions to protect the environment and thereby to save the mother planet. As Banks are responsible corporate citizens they believe that every small green step taken today would go a long way in building a greener future. Banks are committing funds on a sustainable basis in responsible banking. They
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The Green Girdle The meaning of the host’s wife’s girdle changes over the course of the narrative. It is made out of green silk and embroidered with gold thread‚ colors that link it to the Green Knight. She claims it possesses the power to keep its wearer from harm‚ but we find out in Part 4 that the girdle has no magical properties. After the Green Knight reveals his identity as the host‚ Gawain curses the girdle as representing cowardice and an excessive love of mortal life. He wears it from then
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Go History‚ Go Hetalia! “The past reminds us of timeless human truths and allows for the perpetuation of cultural traditions that can be nourishing; it contains examples of mistakes to avoid‚ preserves the memory of alternative ways of doing things and is the basis for self-understanding.” This quote by Bettina Drew well-explains how history is important to us as human beings. History helps us know what happened years ago. How it relates to us? Well‚ it helps us learn lessons by going back to
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Taking Mobile Banking Corporate Universal Banking Solution System Integration Consulting Business Process Outsourcing It’s ironic that in a world that has gone mobile‚ corporate treasurers and CFOs are still tethered to their desks because they need computer access to issue approvals using corporate Internet banking. While consumer mobile banking has soared in recent years ever since the smartphone arrived on the scene‚ its corporate cousin is yet to take off. However‚ according to various
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Background and Aims Precocious flowering in apple trees is often associated with a smaller tree size. The hypothesis was tested that floral evocation in axillary buds‚ induced by dwarfing rootstocks‚ reduces the vigour of annual shoots developing from these buds compared with shoots developing from vegetative buds. Methods The experimental system provided a wide range of possible tree vigour using ‘Royal Gala’ scions and M.9 (dwarfing) and MM.106 (non-dwarfing) as rootstocks and interstocks. Second-year
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From your reading of the novel so far discuss the relationship between Scobie and his wife Louise. As from the beginning of the novel‚ it becomes quite clear that what Scobie feels for his wife Louise is not really love but a sense of pity and responsibility. Louise has grown to love Scobie over the years‚ but Scobie has not had the same feeling towards her. Louise understands that side of him and accepts that his ‘ I love you’s ‘are empty hearted. His sens of love towards her is more of an
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PERSONAL COMPUTER “Microcomputer” is a term used to refer to computers that contain a microprocessor. This type of computer is known by its familiar name- the PC. This is the type of computer that someone is mostly to use. As the name suggest‚ a microprocessor is a very small processor. This is in the form of a silicon chip like a Pentium Processor. Since they use smaller processors‚ microprocessors are smaller than the other form of computers‚ yet they are the most important of all. They
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Abstract This research paper explores the aspects of Going Green. This research paper consists mainly of secondary data and references done through articles‚ Internet‚ and environmentally related published books. Going Green means a lifestyle change that is in balance with humanity and the earth. Going Green is essential to maintaining sustainability and conserving our natural resources for the future and our children’s future. It is predicated that the world’s population growth is expected
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