Tuesday, May 26, 2020

The 5-Minute Rule for Write My Research Paper for Free

The 5-Minute Rule for Write My Research Paper for Free The writer did a good job in providing high excellent work in a timely method. A student's life has a number of other vital factors, besides academic ones. The chief reason somebody is writing an argumentative essay is to earn a bid to convince or influence another guy or lady or maybe a group of women and men on your rightness in a specific theme. Our 1-hour essay writing service may be ideal solution for you. Frankly speaking, it is not simple to discover true professionals working with passion and do their very best to finish the purchase online, but we've done that! Our customers aren't required to cover papers they haven't seen yet. The initial one is there are services you will become here which you won't ever get from different firms that provide history coursework help. There are a great deal of online writing services out there, and it would not be possible to cover all them here. Should you would like to find the extremely same day composition, furthermore it's not a concern for us. There's no location for disappointing surprises here as you own a couple of guarantees. If you are fighting to compose an essay, it's possible to either place an order for a brand-new object of work on the subject of your choice or you could write it yourself and then order a re-write or proofreading services. In terms of the earlier mentioned argument that students who didn't compose the essay themselves will have a vague idea about what's being discussed in class, additionally it is quite far-fetched. Free of charge revisions from our talented writers will provide you the chance to submit an ideal research paper. When you purchase an essay from us, you're guaranteed to relish individual approach because essay help offered by our writers is always customized based on your requirements. Since you may see, writing a superb history paper isn't a bit of cake. Now all you've got to do is to await the writer to finish the order. Unlike you, it's simple for them to get the compulsory material. If you aren't content with the essay, it's your right to request modification or revision. When you begin to compose your essay to have a standardized test, you first must make a decision as to what type of essay you're being requested to write. If you order from us, you can secure a draft of your paper to make certain your writer is heading in the proper direction. A superb writer has a fantastic language command. He has a good memory. He possesses a healthy mind. The Write My Research Paper for Free Trap Just describe what you need and want your paper appears like and we'll fulfill your requirements easily. Just provide you consider your paper from satisfied. Of course, when you attempt to turn in a typical paper done in the center of the night in a few hours, then it is a bit of cake, naturally. It's really easy to get a great history paper with no trouble. The writer is going to be qualified to your academic level or higher, meaning they know just what your professors are searching for in order for you to get the greatest marks. You've got a chance to manage your time wisely, escape from your troubles and get the grades you have dreamed of! Anyway, if you're here now, you are probably searching for some expert help. To begin with, enlisting expert help with writing doesn't automatically mean that the essay is going to be written by a third party from scratch. It's necessary to commence preparing narrative and research essays ahead of time, preferably on the identical day it was assigned! It's possible to purchase custom written papers on our website. After submitting the form you may sit tight and await your customized research essay! With our assistance, you might secure the best persuasive essay you'll notice in only the deadline given.

Tuesday, May 19, 2020

Die Verwandlung by Franz Kafka Free Essay Example, 2000 words

In addition, the novel does not have the redundant dimension where writers play on the fundamental concept of punishment and reward. There is no karma in Metamorphosis. Gregor is not an evil person to deserve this treatment. A person who gets crippled in a road accident does not necessarily have to be a criminal to deserve that. On the contrary, sometimes the good folks get bad treatment from nature or from society. This is life as the majority understands it. They call it luck, chance, the hand of god or any other way to explain it when they cannot justify it. Gregor had been a good son. He takes up a job that he detests because he wants to pay for his sister's music lessons. Yet, he turns into something that everyone is repulsed at the sight of. There is no justification for it. Despite the fact that Gregor s family gets shocked at the transformation, they eventually come to live with it. They start treating it as a condition. They almost accept it. Greta is the one who tries to h elp his brother. We will write a custom essay sample on Die Verwandlung by Franz Kafka or any topic specifically for you Only $17.96 $11.86/page

Friday, May 15, 2020

My Story By Rosa Mcauley Parks - Free Essay Example

Sample details Pages: 3 Words: 831 Downloads: 2 Date added: 2019/03/27 Category Politics Essay Level High school Tags: Rosa Parks Essay Did you like this example? My Story is an autobiography written by Rosa Mcauley Parks, a strong name in the African American civil-rights activist. Rosas life growing up in the south during the early 1900s when racism and segregation was not only a law but instilled into the younger society by their elders. Segregation laws separated people of different nationalities and color from certain areas to live, having certain jobs and going to school. Don’t waste time! Our writers will create an original "My Story By Rosa Mcauley Parks" essay for you Create order Some years later Rosa met her husband Raymond Parks though they did not have children life alone was a struggle being an African American in these times. But through hard work, and determination with the help of the National Association for the Advancement of Colored People whom Rosa was the secretary, they were able to pave the way and make a great change for African Americans everywhere. In the beginning of the book Rosa describes her childhood in Montgomery, Alabama. She talks about how her grandfather would sit on the porch with a shotgun to be prepared for confrontations with white threats such as the Ku Klux Klan (KKK). Many black families just took the abuse, but some fought back like Rosas family they were one of the few that did not tolerate the injustice. Growing up was hard for Rosa the constant abuse and negligence of whites made it hard even at an early age due to the constant exclusion from activities and rights as whites. If Rosa was included, then it was most times by being harassed and being belittled and called racial slurs or bullying by whites, this didnt set well with Rosa. Violence towards those of color was a common occurrence in those days. Rosas intolerance of the cruel treatment of blacks was the early beginnings of Rosa Parks being an activist. As a young woman Rosa met her husband Raymond who was a very active and longtime member of the NAACP, shortly after the marriage Rosa joined the cause of the NAACP as a secretary and fought alongside her husband and many others that were fighting to pave the way towards equality for African Americans. The NAACP successfully ended segregation in schools, and although they did not gain voting rights for all they went along to do other remarkable things for people of color. On December 1st, 1955 Rosa was arrested for not giving up seat on the front of the bus to a white man. She was later arrested and charged with violation of segregation law. The NAACP bailed Rosa out of jail and capitalized on the headline to set a example of the unfair arrest of Rosa due to the segregation laws After the arrest Rosa was viewed as the catalyst for segregation law. The buses in Montgomery were mostly used by African Americans for transportation to and from work but had segregated sections whites sat in the front of the bus and African Americans were forced to sit and even stand in the back and were sometimes kicked off the bus to make room for whites, it was a sign of the times and not such a proud time in history. On the 5th of December 1955 most, African Americans boycotted the busses which dramatically decreased the amount of money made by the bus companies. There were many sacrifices made in the name of the greater good, some lost their jobs or were fined but the s trength of many prevailed that day in making a difference that would make the history books, segregation was ended after a year of the busses being boycotted the NCAPP finally won. After the segregation ended it was hard for Rosa and her family to get back to a normal life, Rosa was now very involved as an activist. Rosa was a champion of other causes as well such as fighting for equal education and suffrage for people of all races. Rosa then went to work for the congress as a secretary for Congressman John Conyers Jr. Rosa later retired in 1988, her husband brother and mother all died from cancer between the years of 1977 and 1979 but Rosa still did not give up her advocating for others she co-founded the Rosa and Raymond Parks Institute for Self-Development, to serve Detroits youth. She later traveled to lend support to civil rights and wrote an auto biography Rosa Parks: My Story in 1999. Parks was awarded the Congressional Medal of Honor the highest honor awarded to a civilian, when she died at the age of 92 on October 24, 2005. She became the first woman in the nations history to be lay to rest in the state U.S. Capitol. This woman was an icon from history and our world is a much better place because of Rosa Parks and her familys unwillingness to let the injustice of African Americans continue. The way we treated persons of color makes me ashamed. Everyone should be equal and with dignity and respect. It makes me sad that even in todays world there seems to be a divide between in people.

Wednesday, May 6, 2020

Othello Character Analysis - 1555 Words

According to Smith, a barbarian’s inherent weakness lies in his linguistic capabilities, the very same capabilities Othello uses to win over Desdemona, and to defend himself during his trial in front of the duke. In Smith’s reading, Othello only reverts to his barbarian state when experiencing extreme pressure, as he lacks the other means to express the futility of what is felt, which results in violence. However, when a closer look is taken at what Othello knows about the culture he has tried to hard to assimilate to, it can be seen that Othello’s attempted restoration of his integrity after the news of his wife’s purported affair is littered with the notion of blood drawn in chivalric combat - blood drawn in combat that has been†¦show more content†¦The final actions in the play do not reveal Othello’s identity as truly barbaric, instead Othello’s character manifests the one solution that can alleviate the tension between static an d fluid identity. He uses violence and his multi-faceted understanding of the body to unify the all physical, social, and psychological aspects of identity. The true tragedy of Othello is that nothing can be more fragile than his self-constructed identity. His attempted rebirth and assimilation into Venetian society through and ideal of chivalry and heroism, is increasingly vulnerable the more his character achieves. The third act of the play brings with it the demise of his constructed identity, his nobility destroyed by rage and despair. Even after the murder of Desdemona there isn’t real cause for him to mourn the loss of his position as a soldier, because punishment for his actions has yet to be exacted. However, the collapse of the civil identity he has so carefully constructed is inseparable from the loss of the soldier identity he used to bolster it. Before Othello destroys any identity he has left with his suicide in the final act, he refers to himself in the third pe rson: â€Å"Where should Othello go?† as if â€Å"Othello† is a separate entity from the man who says these words. While T.S Eliot has identified Othello’s final speech as escapism, a more realistic reading canShow MoreRelated Character Analysis of Othello Essay1653 Words   |  7 PagesCharacter Analysis of Othello â€Å"Othello† is a tragedy and Othello is a tragic hero. Othello is a general in the service of Venice. He is good, courageous, brave and trustworthy. However he has some weaknesses such as insecurity; he is too open, naà ¯ve, and gullible, Iago plays on his weaknesses which brings about his downfall and he kills himself. This causes the suffering of innocent people like Desdemona, Emilia, Cassio and Roderigo. The audience also feel pity forRead MoreCharacter Analysis Of Othello1235 Words   |  5 PagesOthello is not just about one tragedy but several tragedies of suffering and injustice. The play ends in fatalities and heartbreak from the consequences of jealousy and racism. Othello is a well-respected military man who does not let race stand in the way of earning his reputable status and attention of beautiful Desdemona. But, when the seed of jealous is planted, Othello becomes easily manipulated into believing false accusations because of his own personal insecurities. He becomes a menace toRead MoreOthello Character Analysis1076 Words   |  5 PagesThe Mediterranean Sea of Jealousy Harriet Williams delves into the waters of jealousy and deceit in Oliver Parker’s Othello. Adapting Shakespeare for the screen can be problematic, as Oliver Parker discovered with his 1995 directing debut, Othello. I sat down with Oliver Parker, to discuss the challenge of portraying the actions of a noble Moor who brutally sacrifices his beloved wife over a strategically placed handkerchief. The characterisation of Iago, whose evil maneuverings create an irrevocableRead MoreCharacter Analysis : Othello 1255 Words   |  6 PagesPavle Burazor Ms. Ã…  kiljević ENG3U1 06-Jan-2015 Character Flaws in Othello The play Othello bears great similarity to that of the Greek myth of Sisyphus, the king of Ephyra; where Sisyphus was sentenced to forever push a boulder up a hill. This makes resemblances the climb to a climax and the fall, with three main characters, each pushing a boulder up a hill; Othello one of trust, Iago one of manipulation and Roderigo pushing one of foolishness. When they finally reach the top of the hill it beginsRead MoreOthello Character Analysis1562 Words   |  7 PagesCompare the roles and functions of the female characters in Othello. Othello by William Shakespeare is set in 16th century Renaissance Venice before transitioning to the island of Cyprus. It follows the relationship between the black Venetian general and â€Å"valiant Moor† Othello and his new wife Desdemona, the daughter of an important Venetian senator. Throughout the play, we encounter three main female characters; Cassio’s mistress Bianca, Othello’s wife Desdemona as well as her maid and Iago wifeRead MoreOthello Character Analysis905 Words   |  4 Pages1. Throughout the drama, â€Å"The Tragedy of Othello†, Iago successfully manipulates Cassio various times. In the writing, Shakespeare creates Iago’s plan to demote Cassio from being Othello’s lieutenant, the role Iago dreamt of, by tricking Cassio to get drunk so that he will raise chaos and result in Cassio being demoted. This worked out for Iago when Cassio accepts Iago’s encouraging words and began to drink heavily, this would result in Cas sio ultimately fighting and stabbing Montano in a drunkenRead MoreOthello Character Analysis1241 Words   |  5 PagesOthello, a play written in the setting of Venice City during a period of war between Venice and Turkey in the 16 century is one of the numerous William Shakespeare’s plays. Othello a middle-aged black moor who is also a general in the defense forces marries Desdemona, a white aristocratic lady against the wishes of her father. Their love, however, does not have the happily ever after ending due to the manipulations, deceptions, and scheming of Iago who is driven by revenge and selfish ambitions.Read MoreOthello Character Analysis Essay801 Words   |  4 Pages12/12/2017 A Character Analysis of Othello in William Shakespeare’s â€Å"Othello† The main character, Othello, in the Shakespearean play Othello, is a man of many strengths, but also a man of great weakness. The play is center around Othello’s downfall despite Shakespeare presenting him as a distinguished and respected soldier. He is also depicted as courageous and loving to his wife Desdemona. However, Othello starts to show his insecurities and weaknesses during the play. Indeed, Othello becomes a belligerentRead MoreOthello Character Analysis1378 Words   |  6 PagesWilliam Shakespeare’s play â€Å"Othello† like most of his plays is about the premature death of a character who may or may not be considered a tragic hero. Othello, the Moor of Venice, follows him, his wife Desdemona, Cassio, and the main protagonist Iago through a series of unfortunate events that are supposed to be about jealousy between coveting a boss’s wife and a job promotion. The story turns to Iago when he turns into a commanding force that dishevels every cha racter in the play. This is all doneRead MoreOthello Character Analysis863 Words   |  4 Pagesis being harmful or tending to harm. In the novel Othello, by Shakespeare, character Iago is presented as a villain who doesn’t respect moral beauty, nor the grand nobleness of the mighty souled Othello. Iago betrays Othello knowing how strong Othello’s trust is towards him. As you keep reading the novel you notice the cruelty Iago has for his wife Emilia and how his plan of getting Othello jealous caused the deaths of his own wife Emilia, Othello and Desdemona. Iago is a man full selfishness

Business Proposal for Library at the Exton Campus of...

Business Proposal for Library TABLE OF CONTENTS Background1 Current Environment.2 Proposed Environment...3 Diagram.4 Benefits.6 Business Requirements and Cost Analysis...8 Conclusion9 BACKGROUND I am proposing for a library to be put into the Exton campus of Delaware County Community College. There is currently not a library at this location. In order to have the use of a campus library we must go to the main campus of the college, which is approximately thirty to forty minutes from the Exton location. There are many†¦show more content†¦A library that is closer for students would promote good learning habits and study skills. Students may not wait until the last minute to do their projects and papers because resources are more readily available to them. PROPOSED ENVIRONMENT The proposed environment will consist of a fully functioning library that is open to students and faculty free of charge. If an outside member of the community would like to use the library the school could charge them a small membership fee. This will help to raise revenue for the college and the library. For the first few years the library may be small but as years pass the library can expand to have more books, magazines, research materials, computers, etc. The library can also share with the main campus library in order to expand their materials and capabilities. I think many students and teachers would support the addition of a library to the campus. When the library is first constructed it should have at least a thousand books, several magazine subscriptions, and fifteen computers. Ten of the computers should be connected to the Internet and have common programs that students would use to write research papers and create presentations. The other five computers should be connected to research databases only such as Ebsco. There should also be a ?quiet area? where students can study, do homework, research material, read, write papers, etc. A ?quiet area? would giveShow MoreRelatedBusiness Proposal1330 Words   |  6 PagesBusiness Proposal: Library at the Exton Campus of Delaware County Community College Erin Murphy April 29, 2002 BUS 100-95 TABLE OF CONTENTS BackgroundÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…1 Current EnvironmentÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….2 Proposed EnvironmentÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…...3 DiagramÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….4 BenefitsÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â….6 Business Requirements and Cost AnalysisÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…...8 ConclusionÂ…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…Â…9 BACKGROUND

Construction Contract Certificates Samples †MyAssignmenthelp.com

Question: Discuss about the Construction Contract Certificates. Answer: Certification is a very important procedure before beginning any working schedule. Most people, however, are not aware of the details of issuing a certificate. This article will help us understand through various cases and incidents how to issue a certificate and the consequences if one does not. It also helps us understand the various situations where one might need to issue a certificate and the conditions under which the courts consider it valid. Certificates are extremely significant for any contract, this article will show us how. Construction contract certificates are used to mark important events by independent third parties, like the certification of completing all parts of a given work, providing additional time, requiring correction of imperfections etc. In a lot of cases it is used to bring about further affairs, like the interim or absolute salary of the employer. Certification is thus not only important in building contracts, but also in the relation of ones salary. Since the certificates arise from definitive contract details, the validity of the same maybe subjected to challenges if the rightful needs of certification is unfollowed in any case. In a particular case, Builder, Daisy (LackaDaisy) Black, towards the decided finalization date, decided to print an affidavit of non-actualization to the employer, Slowcoach- Dullard Limited (S-DL), obeyingamendment 2.31 of JCT SBC/Q 2016. A letter without any date was issued by the Daisy Black to the employers MD minus referring to any contract clauses insinuating the chances of amendsbeing reduced from the overall cost. Dispute followed questioning if and to which level (if at all) of discharged and detectedbreakages are compensated. S-DL argued Daisy Blacks document was missing a non-actualization certificate obeying JCT SBC/Q 2016 since it is deprived of the required arrangement, body and purpose. The employers reverted by citing the Halliday Construction Limited and others vs. Gowrie Housing Association Limited case which was similar to this and after some initial friction, the documents were held lawful by the judge. Unlike the previous one, in Token Construction vs. Charlton Estates Limited in 1973, 1B.L.R. 48, the relevance of a document as an affidavit was inconclusive and hence not held valid in the court[1]. It is hence, advised for the endorser always use the term certify or ascribe to the document as certificate, so all confusions can be done away with. Minor issues are usually ignored if the substance of the affidavit is concrete and neither parties have ever suffered negative consequences cause of that. Invalid certificates can be re-issued maintaining the same substance unless specifically permitted to make modifications[2]. Though the architects document didnt confirm the norms to be a lawful certificate and the contractor was justified partially, the contractor being authorized to any delay or excess cost will be reason the Contractor is responsible for the venture extensions. Here, the architect can re-issue a proper certificate, referring to JCT SBC/Q 2016 amendments affirming the neglect of the employer and penalty for the same. The aim and conclusion of certification must be made explicit with reference to applicatory conditions of the project. Bibliography Gerber, P. and Ong, B.J., 2014. Best Practice in Construction Disputes. Hughes, W., Champion, R. and Murdoch, J., 2015.Construction contracts: law and management. Routledge. Kiu May Construction Co. Ltd. v. Wai Cheong Co. Ltd. and Another (1983) 29 B.L.R. 137 Mason, J., 2016.Construction law: From beginner to practitioner. Routledge. Ter Haar, R., 2017.Remedies in construction law. Taylor Francis.

Tuesday, May 5, 2020

Financial Management for Cornerstones of Managerial Accounting

Question: Discuss about theFinancial Management for Cornerstones of Managerial Accounting. Answer: Financial management Maximization of shareholder wealth vs. Notion of Maximization of Profit for Business Companies Shareholders are referred to as individuals who own shares in the company and thus are entitled to receive profits. The business companies should emphasize on creating maximum wealth for shareholders. This is possible when business managers focuses on promoting long-term performance of the company. The shareholders ware the owners who appoint business managers to act on their behalf for carrying out business operations. The concept of wealth maximization for shareholders states that a business manager should not only emphasize on creating profits fro shareholders but promoting its sustainable growth and development. As such, the main focus should be placed on increasing sales, expanding the market share and carrying out the operational activities of the business in the sustainable manner. The maximization of wealth refers to creating large value for shareholders so that shareholders are able to realize continuous profits from the business (Shim and Siegel, 2008). The business mangers by placing focus on maximizing wealth for shareholders are intending to increase the stock process. As such, the increase in the stock prices subsequently leads to a rise in the wealth of the shareholders. This in turn enhances the value of the firm and net worth of the shareholders. The business managers are only the representatives of the shareholders and therefore it is possible to the occurrence of conflict between owners and managers in the process of wealth maximization. This is known as agency problem because owners are concerned with driving the long-term performance whereas manager can focus on taking such actions that can result in improving their own performance. Thus, in the event of occurrence of conflict it should be resolved quickly for reaching to the ultimate goal of wealth maximization. Thus, it is extremely important for manager to align their personal objective with the braid objective of the company for driving the maximization of wealth for current shareholders. On the other hand, the notion of profit maximization for shareholders is a short-term objective of the financial management. This is because it does not take into account the concept of risk and return as that in the wealth maximization. The emphasis given by the business managers only on increasing profits will not promote the sustainable growth and development of a business company (Chiu, 2012). However, the focus on wealth maximization for shareholders will ultimately lead to increase in profits for the shareholders. Therefore the notion of profit maximization is covered under the concept of wealth maximization and so the business managers should prioritize wealth maximization. For example, an increase in price-earning ratio is an indicator of wealth maximization for companies whereas profitability ratios such as gross profit indicates the short-term growth potential of a company. For example, if a Company A has higher stock price than B even if it has lower profitability ratios, the also investor should select the company A for investment purpose. This is because price-earning ratio indicates the potential for future growth earning of the company and thus indicates its long-term performance (Shim and Siegel, 2008). Evaluation of Mutually Exclusive Projects using the IRR and NPV Approaches The mutually exclusive projects refer to set of projects out of which only one project can be selected for the investment purpose and thus the acceptance of one indicates the rejection of other. The feasibility of a project can be assessed through the use of capital budgeting techniques such as NPV and IRR. Thus, if there are two potential projects present for investing purpose, them the project manager should assess the feasibility of each project through the use of capital budgeting techniques. The project managers often incorporates the use of Net Present Value (NPV) and Internal Rate of Return (IRR) are the most common methods that are used for ranking projects in relation to the present value and future cash flows. The Net Present Value (NPPV) method is regarded as the method of ranking the projects for investment purpose through calculating the present value of future net cash flows. The method takes into account the concept of time value of money discounted at the marginal cos t of capital. Therefore, if the NPV of the project is zero, then the cash flows are adequate for meeting the required rate of return and if it is positive them there is sufficient cash flows to pay back the investment incurred and return to the shareholders. However if the NPV is negative, then the project must be rejected because it is not regarded to be profitable in the future context (Heitger, Maryanne and Hansen, 2007). On the other hand, the method of Internal Rate of Return (IRR) is a method of ranking the projects on the basis of calculating the discount rate at which the present value of the future cash flows equates the project cost. For a project to be acceptable on the basis of IRR method, the discount rate must exceed the cost of capital of the project. However, it is regarded that the methods of NPV and IRR provides contradictory results in evaluation of the feasibility of mutually exclusive projects that varies in terms of size and differences in the time of cash flows. NPV provides absolute measure and therefore it will rank the mutually exclusive projects on the basis of adding more profits irrespective of the original investment. However, IRR is a relative measure that ranks the projects on the basis of realizing higher return on investment irrespective of the total value gained. NPV is attributed to be a better method for evaluating them mutually exclusive projects as provides more rea listic results on the basis of profitability and wealth maximization of shareholders. On the other hand, IRR method does not provide realistic results which limit its use during selection of mutually exclusive projects (Brigham and Houston, 2012). For example, a company having a budget of $50,000 and has options of selecting either project A, B and C. If the projects A and B cost $40,000 and project C costs $10,000then project A and B are regarded to be mutually exclusive. Thus, as such, the project managers is recommend to adopt the use of NPV method for ranking the project and accept the project having higher NPV. If roger earn $10000 per year up to 10 years Years Cash inflow PVF @ 8% PV 1 $ 10,000.00 0.926 $ 9,259.26 2 $ 10,000.00 0.857 $ 8,573.39 3 $ 10,000.00 0.794 $ 7,938.32 4 $ 10,000.00 0.735 $ 7,350.30 5 $ 10,000.00 0.681 $ 6,805.83 6 $ 10,000.00 0.630 $ 6,301.70 7 $ 10,000.00 0.583 $ 5,834.90 8 $ 10,000.00 0.540 $ 5,402.69 9 $ 10,000.00 0.500 $ 5,002.49 10 $ 10,000.00 0.463 $ 4,631.93 Present of cash flows $ 67,100.81 It is better that Roger receives $100000 today as if he earns $10000 per year up to 10 years it will provide him loss of $32899.19 Debra wins $200,000 in a lottery. She takes only $20,000 in cash and invests the balance at a rate of interest of 10% pa with the understanding that she will receive 160 equal monthly payments with the first one to be made in 2 years. Find the size of the payments. Solution B: Value of total investment at year 0 (current time) = $180000 Value of total investment at the end of year 2 = $216000 (calculated on simple interest basis) Size of payment = (0.0833*$216000) /[1-(1+0.0833)-160] (Shim Siegel, 2008) = $1442.18 Nominal Rate of Firm A 10% per annum It is compounded quarterly Number of times compounding 4 times Effectives interest rate of firm A Firm A Nominal interest rate = 12 % p.a. EAR = (1+12%/4)4 -1 EAR = (1.125) -1 EAR = 0.125 EAR = 12.5 % p.a. So Firm B needs 12.5 % Effective interest rate to match the Firm A Effective rate for firm B =12.5% Compounded monthly Number of times compounding = 12 times Nominal interest rate: 12 *[(1+0.125)1/12 - 1] =11.83% References Brigham, E. Houston, J. (2012). Fundamentals of Financial Management. Cengage Learning. Chiu, P. (2012). Looking Beyond Profit: Small Shareholders and the Values Imperative Corporate Social Responsibility. Gower Publishing, Ltd. Heitger, D., Maryanne, M. Hansen, D. (2007). Fundamental Cornerstones of Managerial Accounting. Cengage Learning. Shim, J. Siegel, J. (2008). Financial Management. Barron's Educational Series.