ACFI 340 – TAKE HOME QUIZ - FALL‚ 2011 Below you will find a series of independent questions involving present value concepts. Show all factors used in present value computations and indicate the table that was used (FV of $1‚ PV of $1‚ etc). If you use a financial calculator‚ show the key strokes you used to compute the answer: N‚ i/y‚ PV‚ FV and PMT Please download a copy of this quiz and type your answers after each question. Each student should design his/her own spreadsheets. Where amortization
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Q. 1 Jim makes a deposit of $12‚000 in a bank account. The deposit is to earn interest annually at the rate of 9 percent for seven years. How much will Jim have on deposit at the end of seven years? Q. 2 Find the present value of $10‚000 to be received at the end of 10 periods at 8% per period. Q.3 What is the value of the following set of cash flows today? The interest rate is 8% for all cash flows. Year Amount 1 Rs. 3000 2 Rs.5000 3
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IS MONEY THE MOST IMPORTANT THING? Шмигельская Юлия‚ ХНАДУ‚ факультет управления и бизнеса‚ группа ЭП-11‚ Харьков научный руководитель по английскому языку – старший преподаватель кафедры иностранных языков №2 Поникаровская Светлана Владимировна Nowadays‚ we are living in a world where everything turns around money and luxury. People do not realize that we can find more things which are more important for our lives and happiness. Some years ago‚ other important things were to spend quality time
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Caroline Bird’s essay “College is a Waste of Time and Money” explains her beliefs on why‚ for some people‚ going to college is an ineffective and inefficient use of their time. She states that many students do not belong in college because they are there for the wrong reasons and they are not happy learning. She also gives evidence to suggest that going to college and getting a degree does not actually allows a person to make more money in their life time. Her final claim is that college does not prepare
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Money‚ fame‚ a successful career; these are among the things many people would consider to be the most important things in life. What do you think; do you consider the factors above to be the chief things in life? First though‚ let us agree that regardless of the route we take‚ our goal in all our pursuits remain essentially the same: Happiness. The problem with most people is that in their pursuit of this state of mind‚ they often sacrifice too much‚ sometimes sacrificing even happiness itself
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HEALTH IS MORE IMPORTANT THAN WEALTH Talking about health and wealth‚ different people will have different opinions. Some people believe that wealth is everything‚ which can help them realize their dreams. Wealth can buy many things such as clothes‚ cars‚ houses and so on. However‚ some people do not agree with those people. They believed that health is more important than wealth. Although wealth is important to us‚ it is certainly not the most important thing in our life. As the proverb
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Professor Scott English 101 Rough Draft College is a waste of time and money In Caroline Bird‚ “College is a waste of time and money‚” Bird discusses why college is not necessary for everyone. She states that many college students are in college not because they want to but because they have to. Bird came to realize that college students don’t feel needed. They are led to believe that getting a college degree is important because it’s a way of getting higher chance of financial success which
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Television‚ a Waste of Time And Money Television has become increasingly more popular through the years since it was first invented. In fact it is so popular that almost every home in America has one or more television sets. TV started when Edwin Belin‚ an English man‚ held the patent for the transmission of photographs by wire as well as fiber optics and radar‚ which demonstrated a mechanical scanning device that was an early ancestor to modern television. With TV sets almost everywhere in sight
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organizations‚ flow of money occurs at various points of time. In order to evaluate the worth of money‚ the financial managers need to look at it from a common platform‚ namely one time duration. This common platform enables a meaningful comparison of money over different time periods. • An important principle in financial management is that the value of money depends on when the cash flow occurs – which implies Rs.100 now is worth more than Rs.100 at some future time. Indian Institute of
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College Is a Waste of Time and Money 1. Affluence- Abundance of money‚ property and other material goods Permissive- Habitually or characteristically accepting or tolerant of something‚ as social behavior or linguistic usage‚ which others might disapprove or forbid Elitist- A person having‚ thought to have‚ or professing superior intellect or talent‚ power‚ wealth‚ or membership in the upper echelons of society 2. The time and money put into college are not balanced with the return rate
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