Here is section 1 part 1

 

Complete the following problems. For assistance, you may want to refer to these examples. The Word document has instructions on using the Excel spreadsheet.

 

• Week 04 Example Problems.doc
• Week 04 Example Problems.xls

Required:

Download the Week 04 Problems Excel spreadsheetto use in completing your problems. You will notice that each problem has its own worksheet.

1. A self-employed person deposits $1,250 annually in a retirement account (called a SEP-IRA) that earns 5.5%.
   1. How much will be in the account at age 62 if the savings program starts when the individual is age 50?
   2. How much additional money will be in the account if the saver defers retirement until age 66 and continues the contributions until then?
   3. How much additional money will be in the account if the saver discontinues the contributions at age 62, but lets it build up until retirement at age 66?
2. If a firm has $250,000 to invest and can earn 8.5%, compounded annually, how much will the firm have after two years?
3. A father has decided to set aside a one time lump sum for college that will amount to $60,000 by the time his 5 year old is 18 years old (13 years). Use 8% as the rate. Figure the dollar amount to put in the fund assuming no further investments will be made. How much must he invest right now to amount to $60,000 in 13 years?
4. You win a judgment in an auto accident for $275,000. You will immediately receive $135,000 in cash, but must pay your lawyer's fee of $91,666 out of that sum. In addition you will receive $5,500 per year for 20 years for a total of $110,000 after which the balance owed of $30,000 will be paid. If the interest rate is 7 percent, what is the current value of your settlement?
5. A firm borrows $935,000 for 7 years for a large item of equipment and installation costs. The interest rate is 7.5%. The loan requires that the interest and principal be paid in equal, annual payments that cover the interest and principal. The interest is determined on the declining balance that is owed. What are the annual payments and the amount by which the loan is reduced during the first year?
6. A company leases equipment for seven years. The equipment costs $28,000 and the owner (called the "lessor") wants to earn 9.5% on the lease. What should be the lease payments?

 

 

Section 2 Part 1

In a 1-2 page Microsoft Word document, explain the concepts related to the weekly lecture and readings in connection with this case study.  

Joseph got into some trouble with the police when he was a teenager. He dropped out of college and did not have a steady job at age 22. Joseph's grandfather was very concerned, so he promised Joseph that if he got a steady job, did not break the law again, and would go back to college, he would pay Joseph $20,000. Would the various promises on Joseph's part would constitute valid consideration for the payment of the $20,000? Explain some of the issues of law that may affect the outcome of this case.

 

 

Section 2 part 2

Locate information on one Federal Judicial decision regarding contract law (you can include Supreme Court decisions in your choice if you prefer). In a 1-2 page paper, discuss the issues surrounding this decision. Include an overview of the law, and why or how it came about. If the law relates to an actual court case, include a short summary of the actual case.

 

Section 3 part 1

So far in your communication reflection you have focused on written and verbal communication. The final conceptual piece to consider is your personal strengths and weaknesses. Are you a stronger written communicator, or is your verbal communication usually better? What is most important for you to improve on in order to be a strong job applicant and a successful future employee in your career field?

  

The last attchment is corrections from my business class all my papers need to look like recomended or they will keep giving me 60 % percent so for all my business classes please make sure they are like the teacher wants in the attachment

 

here is the question

 

Do you feel that Excel can be a useful tool in solving time value of money problems? What are some features of Excel that you will use most often? Please share any tips that you may have for using Excel. Also, use this discussion forum to post any questions that you may have regarding Excel.

this is the post i need replyed to based on that question

 

reply to this

 

and reply to this

 

 

 

 

 

here is another main question

Discuss when a promise may constitute consideration. Do you believe that a promise would hold up in a court of law? Why or why not? Discuss when you have been involved in making a contract or agreement. Was it written or verbal? What issues could occur with a verbal agreement/contract? 

In your response to another student state if you agree with their statements about when a promise may constitute consideration. Explain.

 

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last main question

 

Identify a job that interests you in your career field. Take a look at the communication skills listed in the job description. Is it what you expected or is it different? What communication skills seem to be most important to the position? Please share your job title and the details you found regarding desired communication skills with your peers. Then, share with a peer how communication skills are important for their jobs, as well

 

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Alpha Geek

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Status NEW Posted 20 Apr 2017 09:04 AM My Price 10.00

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file 1492679243-module_05_application_of_time_value_concepts_problems_answer.xls preview (488 words )

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