Use what you have learned about the time value of money to analyze each of the following decisions:
Decision #1: Which set of Cash Flows is worth more now?
Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash flows you would like to receive:
Option A: Receive a one-time gift of $ 10,000 today.
Option B: Receive a $1400 gift each year for the next 10 years. The first $1400 would be received 1 year from today. Option C: Receive a one-time gift of $17,000 10 years from today.
Compute the Present Value of each of these options if you expect the interest rate to be 3% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Compute the Present Value of each of these options if you expect the interest rate to be 6% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Compute the Present Value of each of these options if you expect to be able to earn 9% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
In: Finance
Use what you have learned about the time value of money to analyze each of the following decisions:
Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash flows you would like to receive:
Option A: Receive a one-time gift of $10,000 today.
Option B: Receive a $1600 gift each year for the next 10 years. The first $1600 would be received 1 year from today.
Option C: Receive a one-time gift of $20,000 10 years from today.
Compute the Present Value of each of these options if you expect the interest rate to be 2% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Option A would be worth $__________ today.
Option B would be worth $__________ today.
Option C would be worth $__________ today.
Financial theory supports choosing Option _______
Compute the Present Value of each of these options if you expect the interest rate to be 5% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Option A would be worth $__________ today.
Option B would be worth $__________ today.
Option C would be worth $__________ today.
Financial theory supports choosing Option _______
Compute the Present Value of each of these options if you expect to be able to earn 8% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Option A would be worth $__________ today.
Option B would be worth $__________ today.
Option C would be worth $__________ today.
Financial theory supports choosing Option _______
In: Finance
Use what you have learned about the time value of money to analyze each of the following decisions:
Decision #1: Which set of Cash Flows is worth more now?
Assume that your grandmother wants to give you generous gift. She wants you to choose which one of the following sets of cash flows you would like to receive:
Option A: Receive a one-time gift of $ 10,000 today.
Option B: Receive a $1400 gift each year for the next 10 years. The first $1400 would be
received 1 year from today.
Option C: Receive a one-time gift of $17,000 10 years from today.
Compute the Present Value of each of these options if you expect the interest rate to be 3% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Option A would be worth $__________ today.
Option B would be worth $__________ today.
Option C would be worth $__________ today.
Financial theory supports choosing Option _______
Compute the Present Value of each of these options if you expect the interest rate to be 6% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Option A would be worth $__________ today.
Option B would be worth $__________ today.
Option C would be worth $__________ today.
Financial theory supports choosing Option _______
Compute the Present Value of each of these options if you expect to be able to earn 9% annually for the next 10 years. Which of these options does financial theory suggest you should choose?
Option A would be worth $__________ today.
Option B would be worth $__________ today.
Option C would be worth $__________ today.
Financial theory supports choosing Option _______
Decision #2 begins at the top of page 2!
Decision #2: Planning for Retirement
Erich and Mallory are 22, newly married, and ready to embark on the journey of life. They both plan to retire 45 years from today. Because their budget seems tight right now, they had been thinking that they would wait at least 10 years and then start investing $1800 per year to prepare for retirement. Mallory just told Erich, though, that she had heard that they would actually have more money the day they retire if they put $1800 per year away for the next 10 years - and then simply let that money sit for the next 35 years without any additional payments – then they would have MORE when they retired than if they waited 10 years to start investing for retirement and then made yearly payments for 35 years (as they originally planned to do). Please help Erich and Mallory make an informed decision:
Assume that all payments are made at the END a year (or month), and that the rate of return on all yearly investments will be 7.5% annually.
(Please do NOT ROUND when entering “Rates” for any of the questions below)
b2) How much will the amount you just computed grow to if it remains invested for the remaining
35 years, but without any additional yearly deposits being made?
In: Finance
You travel to one of the shops where you park your car beside a
Ferrari Testa Rossa in the store car park, and
enter the store to find an immaculately dressed lady who runs the
store on her own. The dresses sold in the
store retail for several thousand dollars an item. On chatting to
the lady, you discover the Ferrari is her
“getting to work” car. You note that there is no cash register and
are told that given the value of the dresses,
only a few sales a day are processed, and these are either by
EFTPOS using a single machine, or cash, which
is immediately banked. Customers are given handwritten detailed
receipts, which do not carry a serial
number.
Required:
Given the above situation critically analyse the sales process and
describe in detail what management
assertions may be at risk relative to sales. Give full reasons for
your choices. In your answer explain what
management assertions are.
In: Accounting
A car dealer wants to use a software to display his or her cars’ information. As a software developer, you are going to develop a simple program for the dealer. You will have a Car class which has the following member variables: Car’s Brand Car’s Color Car’s MPG (Mile Per Gallon) This class has setters and getter for all member variables.
This class has four different constructors: 1. A constructor with no argument. 2. A constructor with only one argument which is brand 3. A constructor with only two arguments which are brand and color 4. A constructor with only three argument which are brand, color and MPG. If the caller of the constructor does not give a value for a particular member variable, a default value should be assigned when a constructor is called: The default value for brand is Ford. The default value for color is Red. The default value for MPG is 30. This class (Car Class) has one public method named DisplayCarInformation(). When the method is called, it prints the car’s brand, color, and MPG values. In another class named CarTest, you will have a main() method. Within the main(), you need to create at least 4 car instances. You must call the four different constructors in your program. Since you have 4 or more Car objects, you MUST use ArrayList data structure to store them. For each object, you need to call its DisplayCarInformation() method which will print the brand, color, and MPG on the console and write to an actual file named carInfo.txt.
Your output format should be easy to understand. Sample Output “Ford, Red color, 30 mpg” “Chevy, Red color, 30 mpg” “Tesla, Green color, 30 mpg” “Toyota, Blue color, 28 mpg”
In: Computer Science
My choice is hybrid or smart cars
This week, you will submit your Analysis of Impact draft (roughly four pages, using APA format).
This portion of the Course Project provides an analysis of the chosen technology’s influence on society considering all of the following components:
Social
How has this technology been received, accepted, or rejected? Why? Is it feared or favored? What is the attitude toward change? How are the developers trying to sell the technology to the general public? Look at attitudes, feelings (emotions), behaviors, personality, and the ways humans change as a result of this technology. What is being thought, and why? Is the human mind impacted? How? Are interactions between people changing as a result? Who is included or excluded, and why? Use Maslow’s hierarchy of needs, Piaget, or some other theorist. What psychological needs are met by the technology (e.g., cell phones once granted status and now promote a sense of belonging or connectedness) or created by the technology? Consumerism?
Look at groups and organizations that have arisen and prospered because of this technology. Are these groups supportive or antagonistic, and why? (An example is genetically modified foods [GMOs] and the backlash against the Monsanto corporation. Another is cochlear implants that allow the deaf to hear yet reduce the deaf population that calls itself a community.) How does the technology change society, or how does society change in response to the technology? What factors in society led to the development in the first place? What do class, gender roles, race, norms, and the like mean in this context? Who will benefit from the technology, and who might be harmed (this might also belong in the ethics and morals section)? For example, prosthetics enable people to participate more fully and actively in society (some people compete in triathlons and marathons), and war has brought about the need for advances in prosthetic technology as casualties with missing limbs return home to the United States. Look at the workplace, new companies, and/or jobs created, jobs lost (or save this for the economics section, perhaps). Look at roles—subgroups, people’s interpersonal and intrapersonal relationships. Consider crime, healthcare, and schools. Surveillance cameras, for example, have recently been installed in New York City, and the result has been a decrease in the amount of crime, purse-snatching, pickpocketing, and so forth. Yet some fear the big-brother effect of always being watched and tracked, as well as concerns over “who will guard the guards.”
Cultural
This is a really important section. Consider the elements that comprise the culture and subcultures. Compare the United States' use of the technology with that of other nations around the world. What is it about Americans that brings about innovation, or has America declined in terms of technical innovation, scientific research, and development? Look at advertising for the technology, the use of celebrities or stars or heroes, the applications (e.g., sports and nanotechnology), and the values represented by the culture. What has priority, and why? An example: IBM was spelled out in xenon atoms. Why were these letters chosen instead of something else? What new words have been added to our vocabulary from this technology? Horseless carriagewas used long before the term automobile. Wirelesspreceded Wi-Fi, and webcastingpreceded podcasting. Broadcastwas a term adapted from agriculture long before it was used for radio and television.
How do musicians and artists react to, use, or incorporate the technology in their artistic productions? For example, fiber optic lighting has been used on the stage and in parades (Disney) for costuming. The drama term in the limelight, for example, was derived from a lens and lighting system used in lighthouses. Look at literature—perhaps science fiction or fantasy stories—that predate the technology (Jules Verne, for example, wrote about submarines before they were actually invented and used—though Leonardo da Vinci had sketched the idea centuries before Verne). Are there any songs, short stories, poems, plays, TV shows, or films that directly make reference to the technology? Are there any related literary works that apply? Is the artifact in a museum or will it be? Why? How does the technology relate to concepts of beauty and novelty and human creativity? How can people express their humanity through this technology? An example: Scientists experimenting with nano made a nano guitar that actually played a tune, though it was subthreshold to human hearing.
Political
Look at government policy, government intervention, government involvement (support or lack of support, funding), both nationally and internationally. Consider Congress, the president, the Supreme Court (decisions), the rate of change, liberalism, conservatism, legislation, litigation, and so forth. What political factors are at work in the progression or regression of the technology (e.g. lobbyists, special interest groups, partisan views, vocal advocates, or spokespersons)? For example: The Americans with Disabilities Act was designed to prevent discrimination and encourage accessibility to public facilities; it impacted architects, companies, organizations, and persons with disabilities through the installation of ramps (wider doors, lower knobs and handles, larger restroom stalls), the use of assistive devices in schools and in the workplace, hiring practices, and lawsuits against employers, among other things.
Economic
Consider production, consumption, costs, variables of supply-demand, corporations, private enterprise, and impact on the nation’s economy (employment, displacement, outsourcing). Are certain industries impacted more than others? Look up financial projections—expectations for growth, startup companies, the stock exchange, and so forth—anything related to business and the United States and global economy. Who are the chief players in the business environment, and what is their role? How much has been invested in research and development? How will the price fluctuate? What economic trends are to be observed? Who will make money from the technology? Who is funding the research and development? Who controls the purse strings, and why? Look at foundations and charitable organizations, the outcomes and the nature of consumers. Be sure to use charts and tables and quantitative data in this section. Tables, figures, and data and statistics must be current, valid, and used appropriately.
And the Environmental Impact
Consider such things as dangers to humans, the depletion of
resources, air and water pollution, discovery before inventions,
impact on wildlife and humans (health and safety), long-term and
short-term effects, waste disposal, and aesthetic considerations
(how the technology changes the landscape). Look also at the
positive effects (savings of raw materials or fossil fuels, low
environmental impact, enhancement to the environment). For example,
some thought the Alaskan Pipeline would impact the caribou
population and its ability to migrate; the scientists discovered
that the population actually increased and was healthier because
they had “shade” from the above-the-ground pipe, fewer biting
flies, and less physically stressed females.
Other negative examples: The spotted owl and deforestation in
Washington State; the snail darter and the dam, endangered species
and loss of habitats, extinction, over-mining, overproduction,
pollution of ground water, landfills, toxic wastes, stripping the
soil of nutrients, over fishing, over hunting, and over
harvesting.
In: Electrical Engineering
My choice is hybrid or smart cars This week, you will submit your Analysis of Impact draft (roughly four pages, using APA format). This portion of the Course Project provides an analysis of the chosen technology’s influence on society considering all of the following components: Social How has this technology been received, accepted, or rejected? Why? Is it feared or favored? What is the attitude toward change? How are the developers trying to sell the technology to the general public? Look at attitudes, feelings (emotions), behaviors, personality, and the ways humans change as a result of this technology. What is being thought, and why? Is the human mind impacted? How? Are interactions between people changing as a result? Who is included or excluded, and why? Use Maslow’s hierarchy of needs, Piaget, or some other theorist. What psychological needs are met by the technology (e.g., cell phones once granted status and now promote a sense of belonging or connectedness) or created by the technology? Consumerism? Look at groups and organizations that have arisen and prospered because of this technology. Are these groups supportive or antagonistic, and why? (An example is genetically modified foods [GMOs] and the backlash against the Monsanto corporation. Another is cochlear implants that allow the deaf to hear yet reduce the deaf population that calls itself a community.) How does the technology change society, or how does society change in response to the technology? What factors in society led to the development in the first place? What do class, gender roles, race, norms, and the like mean in this context? Who will benefit from the technology, and who might be harmed (this might also belong in the ethics and morals section)? For example, prosthetics enable people to participate more fully and actively in society (some people compete in triathlons and marathons), and war has brought about the need for advances in prosthetic technology as casualties with missing limbs return home to the United States. Look at the workplace, new companies, and/or jobs created, jobs lost (or save this for the economics section, perhaps). Look at roles—subgroups, people’s interpersonal and intrapersonal relationships. Consider crime, healthcare, and schools. Surveillance cameras, for example, have recently been installed in New York City, and the result has been a decrease in the amount of crime, purse-snatching, pickpocketing, and so forth. Yet some fear the big-brother effect of always being watched and tracked, as well as concerns over “who will guard the guards.” Cultural This is a really important section. Consider the elements that comprise the culture and subcultures. Compare the United States' use of the technology with that of other nations around the world. What is it about Americans that brings about innovation, or has America declined in terms of technical innovation, scientific research, and development? Look at advertising for the technology, the use of celebrities or stars or heroes, the applications (e.g., sports and nanotechnology), and the values represented by the culture. What has priority, and why? An example: IBM was spelled out in xenon atoms. Why were these letters chosen instead of something else? What new words have been added to our vocabulary from this technology? Horseless carriagewas used long before the term automobile. Wirelesspreceded Wi-Fi, and webcastingpreceded podcasting. Broadcastwas a term adapted from agriculture long before it was used for radio and television. How do musicians and artists react to, use, or incorporate the technology in their artistic productions? For example, fiber optic lighting has been used on the stage and in parades (Disney) for costuming. The drama term in the limelight, for example, was derived from a lens and lighting system used in lighthouses. Look at literature—perhaps science fiction or fantasy stories—that predate the technology (Jules Verne, for example, wrote about submarines before they were actually invented and used—though Leonardo da Vinci had sketched the idea centuries before Verne). Are there any songs, short stories, poems, plays, TV shows, or films that directly make reference to the technology? Are there any related literary works that apply? Is the artifact in a museum or will it be? Why? How does the technology relate to concepts of beauty and novelty and human creativity? How can people express their humanity through this technology? An example: Scientists experimenting with nano made a nano guitar that actually played a tune, though it was subthreshold to human hearing. Political Look at government policy, government intervention, government involvement (support or lack of support, funding), both nationally and internationally. Consider Congress, the president, the Supreme Court (decisions), the rate of change, liberalism, conservatism, legislation, litigation, and so forth. What political factors are at work in the progression or regression of the technology (e.g. lobbyists, special interest groups, partisan views, vocal advocates, or spokespersons)? For example: The Americans with Disabilities Act was designed to prevent discrimination and encourage accessibility to public facilities; it impacted architects, companies, organizations, and persons with disabilities through the installation of ramps (wider doors, lower knobs and handles, larger restroom stalls), the use of assistive devices in schools and in the workplace, hiring practices, and lawsuits against employers, among other things. Economic Consider production, consumption, costs, variables of supply-demand, corporations, private enterprise, and impact on the nation’s economy (employment, displacement, outsourcing). Are certain industries impacted more than others? Look up financial projections—expectations for growth, startup companies, the stock exchange, and so forth—anything related to business and the United States and global economy. Who are the chief players in the business environment, and what is their role? How much has been invested in research and development? How will the price fluctuate? What economic trends are to be observed? Who will make money from the technology? Who is funding the research and development? Who controls the purse strings, and why? Look at foundations and charitable organizations, the outcomes and the nature of consumers. Be sure to use charts and tables and quantitative data in this section. Tables, figures, and data and statistics must be current, valid, and used appropriately. And the Environmental Impact Consider such things as dangers to humans, the depletion of resources, air and water pollution, discovery before inventions, impact on wildlife and humans (health and safety), long-term and short-term effects, waste disposal, and aesthetic considerations (how the technology changes the landscape). Look also at the positive effects (savings of raw materials or fossil fuels, low environmental impact, enhancement to the environment). For example, some thought the Alaskan Pipeline would impact the caribou population and its ability to migrate; the scientists discovered that the population actually increased and was healthier because they had “shade” from the above-the-ground pipe, fewer biting flies, and less physically stressed females. Other negative examples: The spotted owl and deforestation in Washington State; the snail darter and the dam, endangered species and loss of habitats, extinction, over-mining, overproduction, pollution of ground water, landfills, toxic wastes, stripping the soil of nutrients, over fishing, over hunting, and over harvesting.
In: Operations Management
You are a quality control officer for a hair-dryer company. If the percentage of defective hairdryers that you test is statistically greater than 5%, then you have to get rid of the batch. You collect a simple random sample of 157 hair dryers and find that 9 of them are defective. Conduct a hypothesis test with a ?? =.05 level of significance to determine if greater than 5% of the hair dryers are defective. Write all non-calculation answers in complete sentences.
a. Which test would you use and why?
b. Write the null and alternative hypothesis in complete sentences. (Make sure you mark which is the null and which is the alternative.)
c. Write the null and alternative hypothesis as symbols.
d. State the requirements that have been met to run the test.
e.What is the test statistic and the p-value? (Make sure you use the right notation.)
f. Should you reject or fail to reject the null hypothesis?
g. State the conclusion for the test.
h. According to the results of your hypothesis test, should you get rid of the batch. Explain your reasoning based upon the hypothesis test.
In: Statistics and Probability
(USING YOUR OWN WORDS!!! DO NOT COPY OFF THE INTERNET)
Instructions: Answer any ONE of the following essay questions. Your response should be in essay format. Write as much as possible telling me who, what, where, when, and why. Use complete sentences and multiple paragraphs; 3-5-7 total. Your response is worth up to 20 points.
Discuss the Holocaust. What was it and where and when did it take place? What were the reasons for such a thing? Who were the victims of this event? And how long did it last? What were the immediate effects following this event? Be detailed and provided examples.
-OR-
Discuss the Second Red Scare. What gave birth to this movement and who perpetuated it? What were the fears of American leaders during this period? What kinds of effects did it have on American people? What did this mean for civil liberties? Be detailed and provided examples.
-OR-
Discuss the Great Society. What was it and when did it take place? Who was responsible for this and what was its objective? Was it successful, why or why not? What was the response to this effort? What are some lasting effects of the Great Society? Be detailed and provided examples
(USING YOUR OWN WORDS!!! DO NOT COPY OFF THE INTERNET)
In: Psychology