...Unit 4: Instructor Graded Assignment Simple Interest (please use exact interest) In this and future Instructor Graded Assignments you will be asked to use the answers you found in the Unit 1 Assignment. Note: For these questions you need to cite a reliable source for information, which means you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers. If you do use those sites the instructor may award 0 points for your response. The Assignment problems must have the work shown at all times. The steps for solving the problems must be explained. Failure to do so could result in your submission being given a 0. If you have any questions about how much work to show, please contact your instructor. Assignments must be submitted as a Microsoft Word® document and uploaded to the Dropbox for Unit 4. Please type all answers directly in this Assignment below the question it applies to. All Assignments are due by Tuesday at 11:59 PM ET of the assigned Unit. Note: All interest rates are to be assumed to be yearly interest rates. Please use exact interest. In these questions, you will need to use the date that unit 4 starts for your class. List the date that Unit 4 started for your class: • Unit 4 start date: ____2-10-2015_____________ Question 1 (10 points) 1. You decide to take out a simple interest loan for $5000, at 7% yearly interest on the date that unit 4 starts for you. If you repay the loan on December 31st (at the end of the current...
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...| | | | | | | | | | Week #5 | | | | | | | Assignment - Chapter 22 Mini - Case | | | | | | | | | | | | | | | | | | | 1) Calculate BB's current cash conversion cycle. | | | | | | | | | | | | | BB's Ratios: | | | | | | | Average Age of Inventory | $842,020 / [(0.57 *$43,803,000) /365] | | 12.31 | days | | Average Collection Period | $3,240,222/($43,803,000/365) | | 27.00 | days | | Average payment Period | $1,826,070/[(0.57*$43,803,000)/365] | | 26.695 | days | | | | | | | | | BB's Cash Conversion Cycle = | AAI + ACP - APP | | | | | | BB's Cash Conversion Cycle = | 12.31 + 27 - 26.695 | | | | | | BB's Cash Conversion Cycle = | 12.615 | days | | | | | | | | | | | | | | | | | | 2) BB currently uses 3,000 ingots of aluminum each year to manufacure bracelet blanks. The order cost (including shipping) is $5,000 per order, and carrying costs are $75 per unit per year. Determine the economic order quantity, the amount of safety stock, and the reorder point for aluminum ingots assuming there is a 1-week lead time and the firm would like a safety stock of 3%. | | | | | | | | | | Economic Order Quantity = | √2 x current use x order cost / carry cost per unit per year = | | | | | √2 x 3,000 x 5,000 / 75 = | 632.46 | per order | | | | | | | | | | Ingots of aluminum per day = | 3000/365 = | 8...
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...Accounting in Business Assignment #1 Student Number is 9487165 Assignment Reference: AiB/9487165/Jan14/A1 Part A - Part A.1 – Cash Budget Explanatory Notes for Cash Budget items calculations Part A.2 - Income Statement Including Explanatory notes Part A.3 - Balance Sheet Including Explanatory notes Part B – Ratios Calculation B.1 – Return on Capital Employed B.2 – Cash Conversion Cycle B.3 – Gearing B.4 – Interest Cover B.5 – Current Ratio Part A.1 – Cash Budget |Cash Budget |Jan | |Output (total, units) |SUM of units/month from Jan-Dec starting at 1,200 units in May and 5% Month on | | |Month increase. | |Weeks p/month |Given | | | | |CASH IN | | |Cash from cust - retail |From Income Statement with 1 month delay as Retails have 1 month credit terms...
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...Simple Interest Unit 4: Instructor Graded Assignment In these questions, you will need to use the date that unit 4 starts for your class. List the date that Unit 4 started for your class: * Unit 4 start date: May 7, 2014 Question 1 1. You decide to take out a simple interest loan for $5000, at 7% yearly interest on the date that unit 4 starts for you. If you repay the loan on December 31st (at the end of the current year)... a) How much do you pay total when you pay off the loan? R= 7% =0.07 T= 238/365 = 0.65 A= P (1 + rt) A = 5,000 (1 + (0.07 X 0.65) ) A= 5,000 X 1.0455 A= $5,227.50 b) How much interest do you pay? Amount Accured – Principal = Interest 5,227.50 – 5,000 = $227.50 or I = PRT I = 5,000 X 0.07 X 0.65 I = $227.50 Question 2 2. You decide to take out a $20,000 simple interest loan at 4%, on the date unit 4 started for you. a) In 45 days you decide to pay off $8000 of the loan. What is your new principal? Explain how you got the answer. I = PRT I = 20,000 X 0.04 X (45/365) I = 20,000 X 0.00493 I = $98.63 Payment = Principal – Interest $ 7,901.37 = 8,000 – 98.63 New Balance = Previous Balance – Principal payment $12, 098.63 = 20,000 – 7,901.37 To get the new principal, I need to go get the interest and the payment to get the new balance. b) 30 days after the first payment, you pay another $6000. What is your new principal? Explain how you got the answer you did. I=PRT I= 12...
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...Unit 4: Instructor Graded Assignment Simple Interest (please use exact interest) In this and future Instructor Graded Assignments you will be asked to use the answers you found in the Unit 1 Assignment. Note: For these questions you need to cite a reliable source for information, which means you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers. If you do use those sites the instructor may award 0 points for your response. The Assignment problems must have the work shown at all times. The steps for solving the problems must be explained. Failure to do so could result in your submission being given a 0. If you have any questions about how much work to show, please contact your instructor. Assignments must be submitted as a Microsoft Word® document and uploaded to the Dropbox for Unit 4. Please type all answers directly in this Assignment below the question it applies to. All Assignments are due by Tuesday at 11:59 PM ET of the assigned Unit. Note: All interest rates are to be assumed to be yearly interest rates. Please use exact interest. In these questions, you will need to use the date that unit 4 starts for your class. List the date that Unit 4 started for your class: * Unit 4 start date: 12-24-2014 Question 1 (10 points) 1. You decide to take out a simple interest loan for $5000, at 7% yearly interest on the date that unit 4 starts for you. If you repay the loan on December 31st (at the end of the current year)... a)...
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...EFB210: FINANCE 1, 2012 S1 Assignment: Part A, Financial Mathematics and Security Valuation _______________________________________________________________________________________ General Information Marks: 10 Weight: 10% Format: Short Answer with workings File Type: Excel (.xlsx or .xls) Due: 29 March 2012 Upload soft copy of your Excel file to Blackboard under Assessment on or prior to the due date. Assignments submitted after the due date (late assignments) cannot be uploaded to Blackboard. Instead, they need to be emailed directly to Mark Doolan (m.doolan@qut.edu.au). Unless prior approval for late submission is granted, late assignments will incur a penalty. To avoid mixing up assignments, you must name your assignment with the following format: * unit code, your name, your student number, and the assignment number * for example: EFB210 John Doe n1234567 Assignment Part A.xlsx Finally, complete the table below and add it to your assignment. Notes to Markers * Assignments are accessed and marked through grade centre. If the student has submitted multiple assignments, mark their last submission. * Marking for Knowledge and Understanding * 1 mark per question * 1 mark for correct answer * 0 marks for incorrect answer – no part marks * This shouldn’t happen, but mark the student correct if their answer appears to differ from correct answer by a small rounding. Note that this is for small rounding...
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...1240 × 0.051 | | | t = | 9.8 | | Score: | 9/9 | | 2. On 7 April, Mr X borrows $1300 at 6.2% p.a. and repays on 12 November of the same year. Find the amount of simple interest paid. | | | Student Response | Value | Correct Answer | Answer: | 48.36 | 100% | 48.36 | | General Feedback: | | | Number of days is 219 | | I | = 1300 × 0.062 × | 219 365 | | I | = 48.36 | | Score: 9/9 3. A bank discounts a note which will mature for $3600 in 4 months. If the simple discount rate is 8.3% p.a. what is the price paid for the note? | | | Student Response | Value | Correct Answer | Answer: | 3500.40 | 100% | 3,500.40 | | General Feedback: | | P | = S(1 - dt) | | = 3600(1 - 0.083 × | 4 12 | ) | | = 3500.4 | Score: 9/9 4. A bank discounts a note maturing for $36,000 in 3 months using a simple discount rate of 9.2% p.a. What simple interest rate p.a. are they obtaining (as a %, to 2 decimal places)? (The rate of simple interest is always greater than the rate of simple discount.) | | | Student Response | Value | Correct Answer | Answer: | 9.42 | 100% | 9.42 | | General Feedback: | | P = | S(1 - dt) | P = | 36000(1 - 0.092 × 3/12) | = | 35172 | | | I = | 36000 - 35172 | = | 828 | | | I = | Prt | 828 = | 35172 × r × 3/12 | r = | 828 (35172 × 3/12) | = | 0.094166 p.a. | = | 9.42% p.a. | Do not type % as part of your...
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...faster and inexpensive. With that being said it has allowed money managers to have access to unlimited information at their fingertips. Information technology also has its down falls when it comes down to investing due to security issues. In today’s society you have people who have the knowledge to gain access to your investments and pilferage from your investments. There are many different ways how someone can gain access to your investments and how to prevent it from happening to you. How information technology changed investing Information technology has been the biggest breakthrough in investments it has opened a whole new world for investors. This world has opened up the stock exchange to become open 24 hours a day and 7 days a week and 365 day a year and investors can have access to it at any place in the world via computer or smart phone Apps. As you are reading this, technology is being used for stock trading, 401k and on-line banking between buyers and sellers. Current technology has now made it easier to take risk because most programs now calculate the risk and size factors to give investors a little advantage within the market to help them get their fair share of the financial market. The new technology displays the future of investing and how technology is...
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...University of North Carolina at Pembroke English and Theatre DEPARTMENT COURSE: ENG 2100: African American Literature Fall 2014 INSTRUCTOR: Dr. Charles Tita OFFICE: West Building, Office of Distance Education OFFICE HOURS: Monday 4-6 and Tuesday/Thursday 10:30-12 OFFICE PHONE: 521 6352 FAX: 910 521 6762 EMAIL ADDRESS: charles.tita@uncp.edu LECTURE TIME: Tuesday/Thursday 2-3:15pm LOCATION: DIAL 147 REQUIRED TEXT Gates Jr., Henry Louis, and Nellie Y. McKay, eds. The Norton Anthology of African American Literature. New York: W.W. Norton and Company, 2004. OPTIONAL REFERENCES Locke, Alain, ed. The New Negro. New York: Atheneum, 1968. hooks, bell. Teaching to Trangress: Education as the Practice of Freedom. New York: Routledge, 1994. Harrold, Stanley. American Abolitionists. New York: Pearson Education, 2001. Youngs, J. William T. American Realities: Historical Episodes-From First Settlements to the Civil War. New York: Longman, 2000. Fanon, Frantz. The Wretched of the Earth. New York: Grove Press, 1963. COURSE DESCRIPTION: A survey of African American literature, introducing students to genres, trends, and major periods of African American literature, ranging from the 17th-, 18th- and 19th- century autobiographies and narratives to 20tth –century works. Authors include: Jupiter Hammon, Briton Hammon, Sojourner Truth, Nat Turner, Claude McKay, Zora Neale Hurston, Sterling Brown, Richard Wright, Lorraine Hansberry, Amiri Baraka, Toni Morrison...
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...| Course Design Guide School of Business FIN/467 Version 3 Real Estate Investment | Copyright © 2009, 2006, 2005, 2004 by University of Phoenix. All rights reserved. Course Description This course explores the techniques of real estate investment analysis, including financing, taxes, and decision-making criteria in today's real estate investment environment. Facilitator Information Susan Didriksen sfitchca@email.phoenix.edu (University of Phoenix) sfitch@yahoo.com (Personal) 530-864-5859 (PST) Facilitator Availability I am available 7am-10pm everyday except Saturday or Sunday, Pacific time. For emergencies, when you are not able to gain access to messages on the Online Learning System (OLS), please send a message to my personal email address. In the event a third party needs to contact me, please direct them to my contact information listed under "facilitator information." No third party should use your login credentials to gain access to the classroom. If these times are not convenient for you, please let me know. I will be happy to accommodate your schedule, if possible. I provide you with these times to make it easier to communicate with me, and not to limit our contact. I want you to know that, should you need to contact me outside these time frames, you should not hesitate to do so. For emergencies, when you are not able to gain access to messages on the Online Learning System (OLS), please send a message to my personal email address. In the event a third party...
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...Week 8 Developing Good Business Sense Assignment 67/75 92% A- | Operations and Material Management in Business | | Heidi Belieu | BUS/210 | Robert Shereda | 11/4/2012 | Developing Good Business Sense- Why Do Operating Systems Differ? Many people take the way goods and services are provided to them for granted. They do not think about the nature of the operating system that produces the goods and services they receive. To improve your understanding of how OMM processes work, complete the following assignment. 1. Choose three companies and observe how employees do their tasks. These can be three different fast-food restaurants or three entirely different types of companies, such as a fast-food restaurant, department store, or the emergency room of a hospital. 2. Think about the differences in the operations involved in the input, operations, and output stages of these companies. Try to identify the nature of their operating systems. Are employees organized in different ways? If so, why? If possible, talk to the managers and employees in these operations to further your analysis. 3. What are the main kinds of OMM costs companies have? How does this affect their OMM operations? 4. How do companies design their operating systems to give them a competitive advantage? Operations and Material Management in Business | I will establish the differences in the operations involved in the input, operations, and output stages of three local businesses that I access almost...
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...Homework Assignment – Week 2 Chapter 3 1. Write down the formula that is used to calculate the yield to maturity on a 20-year 10% coupon bond with $1,000 face value that sells for $2,000. Assume yearly coupons. $2000 $100/(1 i) $100/(1 i)2 $100/(1 i)20 $1000/(1 i)20 2. If there is a decline in interest rates, which would you rather be holding, long-term bonds or short-term bonds? Why? Which type of bond has the greater interest-rate risk? You would rather be holding long-term bonds because their price would increase more than the price of the short-term bonds, giving them a higher return. 3. A financial advisor has just given you the following advice: “Long-term bonds are a great investment because their interest rate is over 20%.” Is the financial advisor necessarily correct? No. If interest rates rise sharply in the future, long-term bonds may suffer such a sharp fall in price that their return might be quite low, possibly even negative. 4. If mortgage rates rise from 5% to 10%, but the expected rate of increase in housing prices rises from 2% to 9%, are people more or less likely to buy houses? People are more likely to buy houses because the real interest rate when purchasing a house has fallen from 3 percent (5 percent –2 percent) to 1 percent (10 percent 9 percent). The real cost of financing the house is thus lower, even though mortgage rates have risen. (If the tax deductibility of interest payments is allowed for, then...
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...| Leadership, Motivation & Change | Assignment | | Linda Blears – ble05084149 | 5/24/2013 | | CONTENTS Page Task 1 2 Task 2 8 Task 3 12 Task 4 18 References 20 Bibliography 21 TASK 1 Since the first store was opened in the German town of Essen in 1913, by Karl and Theo Albrecht, Albrecht Discount has continued to flourish into the successful, global organisation we know as Aldi. Aldi has over 8000 stores worldwide and continues to expand in Europe, North America and Australia. The finance section of The Telegraph (October, 2012) reported that Aldi hope to have 500 stores open in the UK by the end of 2013, 40 of them new stores with an estimated cost of £181m, will create 4,500 new jobs. Despite hours of research on Aldi, it proved extremely difficult to find their mission statement. As an international organisation they have many websites but none appear to display their mission statement; nor does their Corporate Responsibility Policy (Aldi, UK 2013). The reason for this difficulty became clear with the discovery of a book, Bare Essentials: The Aldi Way to Retail Success, Brandes and Brandes (2012). Dieter Brandes contributed for many years to the policies which brought success to Aldi; he was initially a regional general manager and then for 10 years, until he left in 1993, was a managing director for...
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...funds from many checking accounts and loans money to an individual buying a house. The new homeowner makes monthly mortgage payments to the bank. The bank uses the mortgage payments to cover the checks written by the person with the checking account. Example Three: An individual buys a municipal bond for an airport improvement project. The individual usually buys a municipal from a bond dealer, an investment banker marketing the bond, and the funds from the sale of the bond are delivered to the city minus a fee from the investment banker. The city uses the funds to build new facilities at the airport, for example a new parking lot. Once finished the fees received from parking are used to payback the buyer of the bond with interest. 7. The goal of the financial manager is to maximize the current share price or equity value of the firm. This goal encompasses many good business practices such as a good working relationship with the surrounding community. If the firm pollutes local streams, abuses local facilities such as roads, and in general does not participate in the economic advancement of the local community its share price or equity value will suffer. The local community may sue the company for its damages and the best local workforce members may choose not to work for the company....
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...Op"erations Research This page intentionally left blank Copyright © 2007, 2005 New Age International (P) Ltd., Publishers Published by New Age International (P) Ltd., Publishers All rights reserved. No part of this ebook may be reproduced in any form, by photostat, microfilm, xerography, or any other means, or incorporated into any information retrieval system, electronic or mechanical, without the written permission of the publisher. All inquiries should be emailed to rights@newagepublishers.com ISBN (13) : 978-81-224-2944-2 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED, PUBLISHERS 4835/24, Ansari Road, Daryaganj, New Delhi - 110002 Visit us at www.newagepublishers.com PREFACE I started my teaching career in the year 1964. I was teaching Production Engineering subjects till 1972. In the year 1972 I have registered my name for the Industrial Engineering examination at National Institution of Industrial Engineering, Bombay. Since then, I have shifted my field for interest to Industrial Engineering subjects and started teaching related subjects. One such subject is OPERATIONS RESEARCH. After teaching these subjects till my retirement in the year 2002, it is my responsibility to help the students with a book on Operations research. The first volume of the book is LINEAR PORGRAMMING MODELS. This was published in the year 2003. Now I am giving this book OPERATIONS RESEARCH, with other chapters to students, with a hope that it will help them to understand...
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