Time Value of Money for Effective Interest Rate- myassignmenthelp

Question: Discuss about theTime Value of Money for Effective Interest Rate. Answer: The formula that is used for calculating the effective interest rate is given below: Effective interest rate= (1+r/m)m -1 R is the rate of interest. M is the number of times per year. Statement showing calculation of effective interest rate Account Annual Interest Rate (R ) Compounded period Times Per Year (M) Effective Interest rate A 10% Annually 1 10% B 12% Monthly 12 13% C 12% Bimester 6 13% D 8% Quarterly 4 8% E 10% Semi-annually 2 10% F 12% Quarterly 4 13% The future value of the money is calculated using the formula: FV= Present value (1+rate of interest)^number of times Statement showing calculation of compounded amount Account Amount Deposited (EUROS) Annual Interest Rate (R ) Deposit period Number of payment period Compounded Amount A 1,000 10% 10 10 $2,593.74 B 95,000 12% 1 12 $370,117.72 C 8,000 12% 2 12 $31,167.81 D 120,000 8% 2 8 $222,111.63 E 30,000 10% 4 8 $64,307.66 F 15,000 12% 3 12 $58,439.64 Two banks are providing loan the bank that will provide loan at minimum interest should be selected. Therefore, in order to make the decision effective interest rate are calculated below. Statement showing calculation of effective interest rate Particulars Finance company Bank Rate of interest 12% 13% Compounding 12 1 Effective interest rate 13% 13% The effective rate of interest for both the loan is 13%. Therefore, it can be said that any one of the option can be selected. Time year Amount Received (Euros) Present value 11 10000 $5,267.88 12 10000 $4,969.69 13 10000 $4,688.39 14 10000 $4,423.01 15 30000 $15,803.63 Amount that is deposited $35,152.59 The total amount that is required to be deposited today is $35152.59. The formula for calculating the annual loan payment is: Annual payment= (r(P))/ (1-(1+r)-n) Calculation of equated Annual Installment Particulars Amount (Euros) Loan Amount 25000 Interest rate 12% Time period 5 Equated Annual Installment 6935.24 Statement showing future value of an annuity Particulars Compounded Annually Compounded semi annually Annuity amount 1000 1000 Time 10 10 Number of period 10 20 rate 10% 10% Future value of Annuity $15,937.42 $57,275.00 Bibliography Kashyap, Ankita. "Capital Allocating Decisions: Time Value of Money."Asian Journal of Management 5.1 (2014): 106-110. Mpakaniye, Jean Paul. "Time Value of Money." (2014).

Life on Mars free essay sample

For years, planet Mars has been in the NASA spotlight. The Red Planet has been explored as images, atmoshpere samples and samples of various surface formations have been collected to continue research in labortories here on Earth. The year of 1965 marked the beginiing of the Mars Program, and ever since rocket born cameras, spacecraft voyages, and other advanced technologies have been a part of the explorations. The Mars Program has been dedicated to finding what the planet experienced since the begininning of its formation as well as all it has to offer. Much debate has been raised about whether the program should be continued and if anything beneficial could even come out of the studies. Some argue that the funding should be cut and instead used to help relieve a portion of our nations debt. However, what these critics dont understand is that the Mars Program is on a mission to answer a long lived question, Could the planet Mars sustain life? The question is complex, but it could lead to the answer of whether of not the Red Planet could be the future for humanity. NASA has been carefully conducting explorations and studies of Mars changes overtimes to find any signs of the presense of lifes necessities. These include water, oxygen, and multicellular organisms. It is said that if any of these are found, Mars past can further be studied to see if its present conditions can be our future. Currently, Earth is the only planet we know of that contains life and has the characteristics need to sustain it. Some have suggested the possibilities of other planets being able to sustain life and scientiests have been questioning data thorougly to test the chances of another source of life on them. Perhaps these planets or masses are outside our solar system. They could lie thousands of light years away on a different side of the universe. However, Mars has been labled as a prospective planet that could sustain life. This theory has been supported based on the data collected during exploration missions. This data has allowed scientists and researchers to conclude that the Red Planet, in many ways, is similar to Earth. As recorded on www. mars. jpl. nasa. gov, Like Earth, Mars has polar ice caps and clouds in its atmosphere, seasonal weather patterns, volcanoes, canyons, and other recognizable features. Based on these similarities, specific studies have been designed to further research on the possibilities of life on Mars. To begin with, some scientists have suggested their belief that ancient or even present Mars possibly had a presense of liquid or that it could be preserved in the subsurface today. Some studies have been conducted and reported that the water on Mars appears to have been salty, therefore, limiting its ability to support life. According to an article, Mars Water Appears To Have Been Too Salty To Support Life (www. sciencedaily. com), ptimism about the prospect of lifenow suggests the water was more likely a thick brine, far too salty to support life as we know it. On Earth a majority of our water (the oceans) is salt water. The difference is that we also have large expanses of fresh water bodies of water such as the Great Lakes. Humans have often tried to drink the water in history, however with large amounts of salt concentration in the water, the result has been illness and even death. This is the same for all mammals. Pure water is the very least that would be necessary for life to be sustained. As the water possibilities is studied on Mars, scientists and researchers need to consider the properties of water. The previously cited also states, Not all of Earths waters are able to support life, and the limits of terrestrial life are sharply defined by waters temperature, acidity, and salinity. Studies show that water was present on Mars possibly billions of years ago, however, its salinity commonly wouldve exceded the levels in which terrestrial life couldve been sustained and thrived. People have known for hundreds of years that salt prevent microbial growth. This analysis provides much detail describing what exploration missions need to be searching for in the possibilities of water on Mars. Even if water is present, it may have a salt concentration at such a high level that specific forms of life may not be able to exist. Secondly, for life to exist the proper atmosphere must be present. Earth has a unique atmosphere, for it is composed of various gases. The two major gases present are oxygen and nitrogen. 78% of Earths atmosphere is nitrogen. This significant gas is essential for life to exist, as it is the basic ingredient for amino acids which make up protiens. Future missions have been designed to specifically have instruments that can detect organic nitrogen. Scientists are convinced that if theres life on Mars, it will contain nitrogen. (www. sciencedaily. com; Epic Search for Evidence of Life on Mars Heats Up With Focus On High-Tech Instruments). If nitrogen is present in Mars atmosphere, it will provide a strong piece of evidence to support the research to answer the suggestion of life on the planet. Also, oxygen must be present for respiration. Not only does mammals need oxygen to breathe, but plants do as well. Oxygen is also present is our water. Only a small portion of living things dont require oxygen to life, and these are anaerobic organisms such as bacteria. Most organims require oxygen to live and can only survive a few minutes without it. If oxygen is found in atmospheric samples, scientists would have an answer to how organisms could breathe. By analyzing the contents of the atmosphere, the first step can be taken in the breaking down of what a planet must have in order to sustain life. Last but certaintly not least, when exploring Mars microrganisms should be looked closely for. Microgranims are very tiny one-celled organisms, viruses, fungi, and bacteria, and are found everywhere in the world. They are found in all living things, plants and animal. (http://library. thinkquest. org/CR0212089/micr. htm). If life exists on Mars, then so will microrganisms. The catch to these organisms is that they can be found in multiple environments, including salt water, regular water (pure), and in all other organims. A researcher from the University of Arkansas conducted an experiment by growing methane-producing microoggranims under some of the conditions found on Mars. Because Mars has such a cold surface tempurature, the organisms were grown in these extreme temperature ranges. The soil in Mars has been found to share characteristics with ash from volcanoes, so ash as well as carbon dioxide, hydrogen, and water were used while growing these microbes. The results of the experiment were successful! The methanogens grew successfully in the Mars soil simulant, obtaining all the macro and trace minerals they needed to survive. (Bacteria Grown in Simulated Martian Environment; www. sciencedaily. om) Furthering the experiment, it was also found that these microorganisms were able to grew even with a limited water supply in various water contents that could be found on Mars. From the data collected for the experiment, it is possible to conclude that it is possible to find microorganims on Mars. The question is, where are they? Or are they even present? Today, scientists are coming closer to finding the answers they have been longing for and are finding that a one time during the planets history, some form of life was most likely present. This could mean that microorganims are waiting to be found. If the water or soil was tested and this organism was found, the answer to life on Mars would be answered. These small organisms are a basic unit of life and can survive among the most extreme weather conditions. During explorations and sample testing in labs, scientists need to thorougly search for microoganims. If they are present, so may other forms of life. The Mars Program is desperately searching for answers to their questions. Billions of dollars have been spent and thousands of new technologic advancments have been made to test the possibilities of life on Mars. Missions have been specifically designed to continue the search and they wont be giving up any time soon. The future at NASA already has been planned out with more missions to land on the Red Planet. During each exploration particular signs can be found to detect life. The analyzing of water, the atmosphere, and the search of microorganims can provide the answers they have been longing for since 1965. The current data is constantly tested as well as the new. Jeffrey Bada, Ph. D. stated, The bottom line is that if life is out there, the high-tech tools of chemistry will find it sooner or later. It certainly is starting to look like there may be something alive out there somewhere, with Mars being the most accessible place to search. Scienists have confidence in their search and exploration designs. You never know, if even the smallest form of life is found, Mars may be the future of humanity.

Leda and the Swan Essay Example

Leda and the Swan Essay The background of Yeats poem Leda and the Swan is both intricate and central to the development of Yeats poetic vision and his poetic voice. Although the original impetus for the poems composition, according to Yeats, was political, the poem as it evolved to completion concerns itself much more with myth and the human religious impulse than with overt political themes. However, a political interpretation of the poem, specifically one which takes as its departure point, the evident gender-specific themes and symbolic building-blocks of Yeats theme in the poem, can be readily extrapolated and provides an insight into the potential strengths and weaknesses of the poems theme and composition.The persistent political ramifications of the poem, as mentioned, began originally as Yeats response to a poem-by-request: I wrote Leda and the Swan because the editor of a political review asked me for a poem (Melchiori 77) and Yeats original vision for the poem was to create a work which refuted th e individualist, demagogic movement, founded by Hobbes and popularized by the Encyclopaedists and the French Revolution (Melchiori 77) and which sought to re-ignite a birth from above, preceded by some violent annunciation (Melchiori 77).   Although Yeats wandered considerably far from his original conception, the final version   of Leda and the Swan retains both of the key ideas of the original inspiration: a general theme of rebirth, and a theme of violent annunciation.   The first theme became less directly political or philosophical and emerged as a rebirth not of individualism, but of a mystical spiritualism, and the second theme, that of violent annunciation was projected, as we will shortly describe, onto gender-specific symbols. This projection of violence onto gender-based symbols carries the lions share of the poems political ramifications, at least for modern readers.Yeats, for a long period during his developing career had intuited, in his personal creative impuls e, a vague association between the swan image and the idea of the annunciation of a new cult, or a new civilization (Melchiori 99) and it was this urge, rather than a blatantly political urge, which ultimately found expression in Leda and the Swan.   However, in Yeats deepest imaginative core as a poet, he connected both personal destiny and epic historical events as being   produced by the conjunction and the conflict of human and animal forms (Melchiori 78). This schism or duality projects specific conclusions regarding the nature of humanity: The animal symbolizes not only the lowest physical impulses uncontrolled by reason [] but also the superhuman, transcendental powers (Melchiori 78) and as such the surrender to such dualistically charged powers re[resents a surrender to both potentially positive and potentially deranging influences. The key is that surrender rather than integration or harmonic convergence is indicated; violence is indicated, which in turn demands that th ere be a target for violence to be acted upon.Not surprisingly, Yeats inclination to rely upon the Leda and the Swan myth to find a scaffolding for his poem demanded that he adopt an overtly misogynistic point of view as the myth itself intrinsically deals with rape as an agency of rebirth adn empowerment.  Ã‚   Had Yeats chosen to express the myth ironically through a modern viewpoint which took into account the genuine socio-political ramifications and consequences of rape he might have turned the essentially misogyny of his theme to good purpose and to a political purpose which, in fact, would have served as a new vision of individualism and certainly one which stood in utter opposition to Hobbes. Instead, Yeats embraced the Leda and the Swan myth, rape and all, not only mythically but mystically and in doing so, forwarded a politically incorrect theme which can be read as both misogynistic and essentially dismissive of feminine capacity as a passive and incomplete impulse.To t he modern reader, lines such as A sudden blow: the great wings beating still/Above the staggering girl, her thighs caressed/By the dark webs, her nape caught in his bill,/He holds her helpless breast upon his breast (Yeats, 1-4) are not apt to signal, even in symbolist connotation, the birth of a new civilization which has been spawned by the violent cathartic influence of new myth.  Ã‚   That is what Yeats intended, that the symbols of the poem function as a series of revelations which announces an advent parallel to the birth of Christianity (Melchiori 276). Rather, the rape motif of the poem, rendered in such violent lines as:A shudder in the loins engenders there (Yeats, 9) or Being so caught up,/So mastered by the brute blood of the air, (Yeats, 12-13) is used to forward the quintessential patriarchal ideas of feminine energy (and actual womens bodies) being acted upon by force to initiate rebirth. This strategy equates women, both at the abstract and concrete level, with ut ter powerlessness and derives only a single purpose of femininity: that it be acted upon by male energy.In conclusion, because Yeats poem does, so explicitely miss the opportunity to re-envision the essentially misogynistic attributes of the Leda and the Swan myth, the poem, by definition, cannot be what Yeats intended it to be a poem which signaled the poets vision of a new age of myth and spiritual understanding. It is very difficult for the modern reader to conceive of any new myth of spiritual awakening on any significant cultural or historical level which did not include the absolutely natural eradication   of the very kind of misogyny which forms the central thematic core of Yeats celebrated sonnet.

6 Bad Excuses for Committing Plagiarism

6 Bad Excuses for Committing Plagiarism Plagiarism is a serious offense that can cause permanent damage to a student’s academic career. Few students realize the seriousness of this crime – and crime is exactly what plagiarism amounts to. It is an act of theft. Because many students fail to understand the potential consequences of committing plagiarism, they don’t necessarily take the time to understand what types of behavior constitute plagiarism. This gets too many students into trouble – and that trouble can be anything from embarrassment to heartbreak. In college, plagiarism is taken very seriously. Many colleges will expel students on the very first event. While students are given the opportunity to have their case or situation reviewed by a panel or a student court, they should understand that excuses just do not work. The most common excuse that school officials hear appears as number one on the list: 1. I didn’t know it was wrong.   Your first job as a student is to know what behavior is considered plagiarism. You should stay far away from these common types of plagiarism: Submitting the work of another. If you ever turn in a paper that was written by someone else, especially if you pay money for it, then you are guilty of plagiarism and you are risking your future. It is plagiarism to claim the work of another or even the ideas of another.  While most students in middle and high school don’t have to worry about stealing ideas when it comes to a paper or a science project, students in college do run the risk of plagiarism charges when they write a paper based on another person’s thesis. Submitting a paper you’ve written for another class. Yes, you can get into trouble if you use your own original work for two different assignments. There is a difference between submitting the same paper twice and building upon your own research and adding to an old paper. Check with your instructor or advisor if you have any questions or doubts about this. Copying too much text and using it as a block quote. Let’s face it. Sometimes stude nts try to pull the wool over their instructors’ eyes. Instructors are not dummies, and they see this one all the time. They don’t fall for it.  There is a limit to the amount of text you should put into a block quote. Rewording a source or several sources. Sometimes student will submit a research paper with correct citations, but the paper is really a reworded version of one source or several sources pieced together.   The paper you write should contain your own original ideas, theories, and conclusions.   You must draw conclusions from the evidence you find in other work. While â€Å"I didn’t know it was wrong† is the most common excuse, there are others that instructors hear often. Be warned that excuses don’t get you off the hook! 2. I didn’t mean to. Everyone knows that it is tedious work, putting in all those precise citations. One common problem that instructors see is the omission of a citation. If you use a quote from a source and you don’t indicate that it’s a quote and cite your source, you have committed a theft! Be very careful to proofread and make sure you’ve indicated every quote with quotation marks and cited the source. 3. I didn’t know how to do the assignment. Sometimes students receive unique assignments that are so different from previous tasks that they just don’t know how the completed task should look. It’s perfectly fine to look up examples when you are expected to do something new like write an annotated bibliography or create a poster presentation. But sometimes, students who procrastinate can wait too long to look up these examples, and they realize that they have waited too long to complete the work. When that happens, they may be tempted to borrow from those examples. The solution? Don’t procrastinate! That also leads to trouble. 4. I was just helping a friend. You know perfectly well that you’re guilty of plagiarism if you use work that wasn’t written by you. But did you realize that you are also guilty if you write a piece for another student to use? You are both guilty! It’s still plagiarism, on both sides of this coin. 5. It was my first time. Really? That might have worked when you were five, but it won’t work on instructors when it comes to stealing.   Many students are expelled after the first time committing plagiarism. 6. I was in a rush. Politicians and journalists who have quick deadlines for speeches and reports have tried this one, and it is unfortunate that such high-profile personalities have to be such awful role models. Again, this excuse for stealing the work of another is not going to get you anywhere. You are not likely to gain sympathy because you didn’t give yourself enough time to finish an assignment! Learn to use a color-coded calendar to you have plenty of warning time when an assignment is due.

Methods Exercise Essay Example | Topics and Well Written Essays - 1000 words

Methods Exercise - Essay Example As indicated earlier breast cancer is treatable if it is diagnosed at an early stage. This purpose of this paper is to .look at the different methods of creating awareness among the members of the community on this disease. The objective of this project is to increase the awareness level of female members of the community and engage as many people as possible to get tested. The main goal is to increase the current levels of women who are aged 20 and above to get tested. The target group is mainly young women who do not have the test as they usually argue that they are either too young or they are feeling fine. The target group for this project is the youths and young women under the age of 25 years and as a result the methods to be used should involve this group (Boyle, 2003). First, due to the lean budget that has been allocated to this project the methods used shall be more involving and will require a lot of effort by all the parties involved. The first method that this project will use is sensitizing the people through volunteers who will be selected and be chosen by the programs director (Baum and Meredith, 1999). The volunteers will be selected according to their age for the volunteers who will be doing the field work. The volunteers are to go round through the country sensitizing the people on the effects and the symptoms of breast cancer. This program is geared towards sensitization and awareness among the young people and encourages them to get tested as early as possible to get a cancer free population. The other volunteers that will be used in this program is the clinical offic ers and doctors who will be used in the campaigns as we will be having camps that will be used in the testing in every point that the campaign stops. These are the most important volunteers in this campaign as they will be losing and giving their working hours to this project. This project will therefore start by inviting all

Good dictator, bad dictator article summary Essay

Good dictator, bad dictator article summary - Essay Example He further regarded United Fruit Company, the US multinational as a quintessential American colonialism in Central America. In this article, Bucheli argued that the strong affiliation of the company with the local dictators facilitated it to acquire considerable status in Latin America. He further illustrated the prevalence of three periods in Central American nationalism that impacted overall functioning of United Fruit. Accordingly, Bucheli related first period as an era of resistance in the context of labor movement, which witnessed by United Fruit relating to power and supportive nature of government. Furthermore, he relates second period when United Fruit faced government opposition to its operations for the first time. The third period has been related with the target of seeking nationalism, wherein the company was forced to sale a few of its properties (Bucheli 1-42). Based on the above analysis, it can be summarized that alliances can survive as long as the multinationals fac ilitate the dictators to experience financial stability of the country. On the other hand, he argued that when the multinationals become powerless or their capabilities are reduced to provide adequate benefits to the dictators, they adopt rigid approaches to find out other alternative ways for gaining well-acknowledged reputation especially in Latin America (Bucheli 1-42). I firmly agree with the response of the authors related with multinationals in the early part of 20th century.

Do the Pros of Monetary Policy Outweigh the Cons Essay

Do the Pros of Monetary Policy Outweigh the Cons - Essay Example However, as a stabilization policy monetary policy effectiveness as a tool of economic stabilization among other instruments of economic policy varies from one economy to another. This is as a result, of differences in the economic structures, divergence in the degrees of development in money and capital markets that result in varying degrees of economic progress, and the differences in the prevailing economic conditions. Monetary policy use over time has however, brought about controversy based on whether its applicability during periods of economic recession is beneficial or not. The protagonists among the policy makers uphold the use of monetary policy as a means of adjusting the economy to the high levels of inflation. On the contrary, the antagonists do not support the use of monetary policy as a stabilization tool since they believe that the cons due to its use outweigh the pros gained when the government through the central bank applies monetary policy measures in the economy. It is therefore, worthwhile to see the impact of monetary policy on the economy in order to determine whether the use of monetary policy is beneficial or not. Monetary policy effects during economic recession period when the markets are covered with inflation with the rapid increase in price and interest rates could be beneficial has it has a positive impact as a control measure. According to Keith Kuester’s article the recession period that recently unfolded prompted monetary and fiscal stabilization tools use by the policymakers in the United States and abroad as a means of mitigating the drastic economic downturn. Kuester (2011) further on describes how the economists largely depended on the use of monetary policy as a way of stabilizing the economy. This is because monetary policy can be applied in order to reduce the interest rate in periods of economic recession by stimulating private demand. As a result, the contractionary monetary policy lowers the interest rate and subsequently influences government expenditure by lowering it through the decrease of the interest rate to up to close to zero percent as it cannot move to negative percent. On the other hand, the Economist Intelligence Unit (2010) also support the drastic measures by the government to reduce the interest rates of federal funds through the Federal reserve central bank in order to control the upsurge of economic recession from increasing further to extreme levels. Jenkins & Eckert (2000) also asserts that the government through the central bank regulated the interest rate in order to control the money supply thus, reduce the rate of inflation. In addition, the use of monetary policy brings about stabilization of prices in the long run this is because it can control the slowing down of the inflation rate. Kuester (2011) affirms that at lower interest rate due to the monetary policy enforcement in place the private consumption and investment increases as they gain confidence in the sta bility of the economy. This is because the household tend to presume the presence of a stable inflation and as a result, the households tend to save less and increase their demand for consumption goods. In addition, the Economist Intelligence Unit (2010) also affirms that after applying monetary policy on the economy oversees a recovery that continues to gain momentum as the spending of consumers increase significantly from an annualized rate of 1.6% up to 3.6% after a quarter. This is accompanied considerably by an increase in the gross domestic product.