This chapter covers principles of finance. After completing this chapter students should be able to: solve financial problems that involve simple interest; solve problems involving compound interest; find the future value of an annuity; find the amount of payments to a sinking fund; find the present value of an annuity; and find an installment payment on a loan.
Chapter overview
In this chapter, you will learn to:
Solve financial problems that involve simple interest.
Solve problems involving compound interest.
Find the future value of an annuity, and the amount of payments to a sinking fund.
Find the present value of an annuity, and an installment payment on a loan.
Simple interest and discount
Section overview
In this section, you will learn to:
Find simple interest.
Find present value.
Find discounts and proceeds.
Simple interest
It costs to borrow money. The rent one pays for the use of money is called the
interest . The amount of money that is being borrowed or loaned is called the
principal or
present value . Simple interest is paid only on the original amount borrowed. When the money is loaned out, the person who borrows the money generally pays a fixed rate of interest on the principal for the time period he keeps the money. Although the interest rate is often specified for a year, it may be specified for a week, a month, or a quarter, etc. The credit card companies often list their charges as monthly rates, sometimes it is as high as 1.5% a month.
Simple interest
If an amount
is borrowed for a time
at an interest rate of
per time period, then the simple interest is given by
The total amount
also called the accumulated value or the future value is given by
A Visa credit card company charges a 1.5% finance charge each month on the unpaid balance. If Martha owes $2350 and has not paid her bill for three months, how much does she owe?
Before we attempt the problem, the reader should note that in this problem the rate of finance charge is given per month and not per year.
The total amount Martha owes is the previous unpaid balance plus the finance charge.
Once again, we can compute the amount directly by using the formula
Communication is effective because it allows individuals to share ideas, thoughts, and information with others.
effective communication can lead to improved outcomes in various settings, including personal relationships, business environments, and educational settings. By communicating effectively, individuals can negotiate effectively, solve problems collaboratively, and work towards common goals.
it starts up serve and return practice/assessments.it helps find voice talking therapy also assessments through relaxed conversation.
miss
Every time someone flushes a toilet in the apartment building, the person begins to jumb back automatically after hearing the flush, before the water temperature changes. Identify the types of learning, if it is classical conditioning identify the NS, UCS, CS and CR. If it is operant conditioning, identify the type of consequence positive reinforcement, negative reinforcement or punishment
nature is an hereditary factor while nurture is an environmental factor which constitute an individual personality. so if an individual's parent has a deviant behavior and was also brought up in an deviant environment, observation of the behavior and the inborn trait we make the individual deviant.
Samuel
I am taking this course because I am hoping that I could somehow learn more about my chosen field of interest and due to the fact that being a PsyD really ignites my passion as an individual the more I hope to learn about developing and literally explore the complexity of my critical thinking skills
hello. autism is a umbrella term. autistic kids have different disorder overlapping. for example. a kid may show symptoms of ADHD and also learning disabilities.
before treatment please make sure the kid doesn't have physical disabilities like hearing..vision..speech problem. sometimes these
Jharna
continue..
sometimes due to these physical problems..the diagnosis may be misdiagnosed.
treatment for autism.
well it depends on the severity.
since autistic kids have problems in communicating and adopting to the environment.. it's best to expose the child in situations where the child
Jharna
child interact with other kids under doc supervision.
play therapy.
speech therapy.
Engaging in different activities that activate most parts of the brain.. like drawing..painting. matching color board game.
string and beads game.
the more you interact with the child the more effective
Jharna
results you'll get..
please consult a therapist to know what suits best on your child.
and last as a parent. I know sometimes it's overwhelming to guide a special kid.
but trust the process and be strong and patient as a parent.
Jharna
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