Problems Solution Ch.1 Economy Essay

Problems Solution Ch.1 Economy Essay Problems Solution Ch.1 Economy Essay SOLUTIONS TO SELECTED PROBLEMS Student: You should work the problem completely before referring to the solution. CHAPTER 1 Solutions included for problems 1, 4, 7, 10, 13, 16, 19, 22, 25, 28, 31, 34, 37, 40, 43, 46, and 49 1.1 Time value of money means that there is a certain worth in having money and the worth changes as a function of time. 1.4 Nearest, tastiest, quickest, classiest, most scenic, etc 1.7 Minimum attractive rate of return is the lowest rate of return (interest rate) that companies or individuals consider to be high enough to induce them to invest their money. 1.10 Rate of increase = [(29 – 22)/22]*100 = 31.8% 1.13 Profit = 8 million*0.28 = $2,240,000 1.16 (a) Equivalent future amount = 10,000 + 10,000(0.08) = 10,000(1 + 0.08) = $10,800 (b) Equivalent past amount: P + 0.08P = 10,000 1.08P = 10,000 P = $9259.26 1.19 80,000 + 80,000(i) = 100,000 i = 25% 1.22 Simple: 1,000,000 = 500,000 + 500,000(i)(5) i = 20% per year simple Compound: 1,000,000 = 500,000(1 + i)5 (1 + i)5 = 2.0000 (1 + i) = (2.0000)0.2 i = 14.87% 1.25 Plan 1: Interest paid each year = 400,000(0.10) = $40,000 Total paid = 40,000(3) + 400,000 = $520,000 Plan 2: Total due after 3 years = 400,000(1 + 0.10)3 = $532,400 Difference paid = 532,400 – 520,000 = $12,400 1.28 (a) FV(i%,n,A,P) finds the future value, F (b)

Elevation Isolation and Downfall in Madam Bovary essays

Elevation Isolation and Downfall in Madam Bovary essays The novels Crime and Punishment and Madam Bovary, when examined separately seem to be totally unrelated books about completely different subjects. They chronicle the lives of two very different people in quite different circumstances. The novels appear to be in all ways the opposite of one another. Their main characters appear conflicting on all fronts. Though these characters may appear to be quite different their live very similar lives. Both of the troubles and toils the characters encounter are a result of the delusions of grandeur that each wants for themselves. Both characters elevate themselves as being better then the rest of society, but through this elevation all they accomplish is to isolate themselves which in combination leads to the downfall and inability to realize their dreams. In both novels the main characters put themselves through a destructive cycle of elevation and alienation that ultimately is the cause of their demise. The cycle begins with the dreams and ambitions of the main characters. Rodya Raskolnikov and Emma Bovary both believe in the same fundamental truth; that some people are better then others. They both want to believe that they are unique and extraordinary. Emmas desire for an exciting and extraordinary life began in her youth. Her natural love of excitement was perpetuated by the reading of many different books. They were all tales of love, lovers, sweethearts, persecuted ladies fainting in lonely pavilions, postilions killed at every stage, horses ridden to death on every page, somber forests, heartaches, vows, sobs, tears and kisses, little skiffs by moonlight (MB, 22). . . She devoured these stories, making her hands dirty from books from old lending libraries (MB, 22). Tales of intrigue and adventure were her constant companion and in her thoughts. She idolized the heroes of these books. She identified herself with them, and longed to be like them. They wer...

Research Paper - AJP Taylor Essay Example | Topics and Well Written Essays - 4000 words

Research Paper - AJP Taylor - Essay Example It will also try to analyze briefly his career as a lecturer, historian, and columnist. c. Works of Taylor- This paragraph looks into the major historical contributions of Taylor Which starts from The Italian Problems in European Diplomacy 1847-49 and goes through some controversial works like The Troublemakers and The Origins of Second World War. I do not try to mention all the works of Taylor because it will consume so many pages, only some of the works will be mentioned. d. Taylor’s TV Career – This paragraph will try to analyze Taylor as famous figure in television and radio. The analysis starts from his beginning on the BBC show, The News. His career as a TV person will be analyzed because it added much to his fame, and on many occasions it made him a controversial figure. This paragraph will analyze what was Taylor’s approach to history. This is very important in the sense that this approach has distinguished Taylor from other historians. It will look into his believes, or rather prejudices about history and history makers. His way of popularizing history, looking at history from strange angles and his observation of great personalities also is included. b. Origins of Second World War- This paragraph will discuss his most controversial work, The Origins of Second World War. What was Taylor’s controversial argument in the book and how he tried to ‘white wash’ Hitler. d. Taylor as a controversial figure – This paragraph tries to look into the controversies (both private and public) that he created throughout his life. It starts with his three marriages. It discusses various contradictions that he made during his public life. His unholy and sycophantic relation with Lord Beaverbrook and his selfishness of befriending politicians will also be analyzed. His changing attitudes towards communism will be brought towards the end of the paragraph. This chapter is the real flesh of the research paper.