Essay on Ben Bates

1a. You get the same prize but the choice changes to $5,000 now or $5,250 in three years. What do you do?

Ben Franklin became famous for being a scientist, an inventor, a statesman, a printer, a philosopher, and a librarian. Today, we honor Ben Franklin as one of the men who founded America and as one of America's greatest citizens.

The company has an agreement with a bank that allows the company to borrow the exact amount needed at the beginning of each month. The interest rate on these loans is 1% per month and for simplicity we will assume that interest is not compounded. At the end of the quarter, the company will pay the bank all of the accrued interest on the loan and as much of the loan as possible while still retaining at least $50,000 in cash.

a) Assuming the opportunity interest rate is 6%, what is the present value of the second alternative?

2. Mr. Leonard took a job through an employment agency. The job pays $88K per year. He

Panna wants to buy a new suite of furniture for her flat. The furniture costs £3000 from a furniture store in her local town. The saleswoman suggests that Panna takes out a loan from the store’s finance company to fund the purchase of the furniture. The repayment loan from the finance company would be at a fixed APR of 9 per cent for a repayment term of between one and four years, which Panna can select herself. The loan would take the form of a secured loan.

a) In the first set of calculations, the staff used a discount rate of 20%, a five-year time horizon, and ignored taxes and terminal value. What is the relative attractiveness of these three alternatives?

$200,000. The new home can be purchased for $275,000. Which of the following is not relevant to Robert's decision?

Jonathan Sanders (39) was a horse trainer. Due to the 95 degree weather he like to exercise his horses at night. A little before 10:00pm on July 8th, 2015 he was seen chatting with a friend of his who happened to be white. After they disbursed Officer Kevin Herrington pulled over the friend at one of the towns two gas stations. As Sanders passed the scene he yelled out, “Why don’t you leave that man alone?” as he continued to ride horse. Sanders no had no current warrants, but was no stranger to law enforcement. He was currently out on bond from on a cocaine possession charge from an April arrest. He also had been already been convicted on charges of selling cocaine in 2013. Sanders' arrest record hows arrests other infractions as well.

Tom Lux’s “The People of the Other Village” was written shortly after the first Iraq war and gained popularity after the 9/11 attacks.   The poem’s voice comes from an indifferent narrator whose unnamed village is at war with the people of an “other” unnamed village.  The exact reason that started this war is unclear; however, as the war escalates, the battle tactics evolve and are depicted in an alternating line structure that mimics the back and forth nature of reciprocal violence.  Ultimately, the author presents a poem that comments on human nature without committing to a judgment of that nature through subject matter, structure, and narrative voice.

a. What would Mrs. Beach have to deposit if she were to use high quality corporate bonds an earned an average rate of return of 7%.

It was a hot blistering summer day not a leaf in sight or a hint of shade to be found. Mouth is dry as cotton from thirst and hands bleeding and blistering from a hard days work, exhausted from fatigue and hunger, because Master had me out here since the crack of dawn. Tending to the crops in the field and told me not come until every last crop has been tended which is about three football fields long. This is some of the Vigorous work that slaves had to endure. Slavery is a big part of American history. Many of the African Americans you see today are descendants of the 500,000 plus Africans who were sent to North America as slaves. To work

Age will be an important factor affecting his decision of getting an MBA course in multiple ways. After graduated six years ago, time has been taken off from education and invested into his career. Keeping on risingwith age and six years break from education, it will not only be more difficultto concentrate and remain good attitude towards studies, but also keep family and work responsibilities. Moreover, he would have only approximately 38 to 39 more years for work if he decides to take the program.Thisdoes not accord with his initial plan to work for 40 more years.

1. Noelle quits her $80,000-a-year job to stay home. What is the opportunity cost of her decision?

William James was a philosopher and psychologist but was most well known in the field of Psychology for developing the philosophy of pragmatism, or the Functionalist theory: "Theory of mental life and behavior that is concerned with how an organism uses its perceptual abilities to function in its environment." He was also the first Psychologist to be born in America.