Finance questions Speech or Presentation Example | Topics and Well Written Essays - 250 words - 1

Finance questions - Speech or Presentation Example ou have deposited $10,000 at your local savings and loan and have been offered an annual interest rate of 3% and the option of annual, semi-annual, or quarterly compounding. Which one will you choose and what is the dollar difference between the three options? 6. Your athletic department needs to purchase three passenger vans in three years. They project the cost at that time to be $120,000. Currently you have $98,000 set aside for the vans. What return on your money must you receive to be able to purchase the vans in three years? 7. To entice a new coaching hire, you have promised her that you would deposit $10,000 each year for the next thirty years in a retirement account that will pay 6% interest. How much will be waiting for the coach at the end of thirty years? 8. You have decided to build a new strength and conditioning center. The total cost of the project is $4 million. You have $1.5 million and will be borrowing the balance for ten years at 6% interest. What are your MONTHLY payments? 9. A prominent athletic booster has promised you a $500,000 gift in five years. You were informed by your local bank that they would be willing to give you that $500,000, discounted at 8% today. How much will they give

Analysis of The Choice by the Russell Roberts Essay

Analysis of The Choice by the Russell Roberts - Essay Example Writer convincingly put forward important arguments in favor of free trade and how it can actually increase the economic prosperity. What is, however, also critical to note that the author has practically failed to realize as to how protectionism can actually provide necessary benefits to an economy. The example of China is one of the critical examples of how the selective protectionism can play an instrumental role in the development of the country and writer has probably failed to envisage a future where different variations of the protectionism can actually increase economic freedom and contribute towards the growth. As such the advocacy of the free trade by the author is actually an advocacy of the American dream and not a more practical presentation of economic theory and logic and how protectionism can too contribute towards the development of a nation regardless of the fact whether the country is actively involved in the free trade or  not.

Comparing Traditional Catholicism to Catholicism in Africa Essay

Comparing Traditional Catholicism to Catholicism in Africa - Essay Example For the Africans, man is not just homo religiosus in the classical sense. He eats, drinks, sleeps, works and does practically every thing religiously. The Catholic presence in Africa was re-shaped by the twin events of decolonization and Vatican Council 2 between 1962-65 (Hastings, 1989). In Vatican's aim to evangelize, priests and missionaries were encouraged to use the vernacular in worship called vernacular liturgy as well as the development of African hymnody and instrumentation "...The most important single effect in Africa in popular terms of the Council has been the change in singing, in hymns, in music, in the use of musical instruments," (Hastings, 1989). It was also noted that Vatican II also encouraged African Catholics to read Protestant vernacular translations of the Bible. But the "westernization" of Catholicism, particularly reduction of approval on healing shrines, holy water, statues and candles, resisted by African Catholics. Likewise, by 1994, ninety percent (90%) of the hierarchy was African as symbolized by the African Synod. Catechists mostly married lay men also became instrumental in the spread of Catholicism in the 20th century. In the African Synod led by the late pope John Paul II, emphasized marriage to be in-cultured for it had been a problem within the African Catholic community having irregular marriages. Since traditional African marriage was not recognized, African priests were encouraged to incorporate the sacramental blessings of the church to the traditional marriage ceremony. Problems arose when traditional African marriages is not finalized until a woman proved her fertility through childbirth, which did not fit into Catholic practices. Intermarriages of religions, with Protestants, likewise, banned children from committing communion and this further widen the gap. One particular incident in Rwanda was the inciting of racial hatred and genocidal violence between Tutsis and Hutu between both Catholics and the church was not able to contain nor control the violence, although today, confession, repentance and reconciliation are being worked out (Lettinga, 2000). By the time the Pope John Paul II died, there were already about 100 million Catholics in Africa and nearly 30 million are Congolese (Quist-Arcton, 2005). Interestingly, Lamin Sanneh reported that Senegal, a Muslim majority with about 90 percent of its population as Islam believers, include Catholic holidays as national holiday (Suarez, 2005) that include the Feast of the Assumption of the Blessed Virgin. Cardinal Thiandoum, the Relator-General for the African Synod remarked (qtd, Isizoh (1996): Many Christians, at "breaking points of life", have recourse to practices of the traditional religion, or to prayer houses, healing homes, "prophets", witchcraft or fortune-tellers. Some turn to African Independent Churches (sometimes considered a syncretistic Christian cum African Traditional Religion) where they feel that certain elements of their culture are more respected. Few of them return to African Traditional Religion. All these movements indicate that the spiritual yearning of these people for an authentic expression of the African spirituality

Organizational Leadership and Motivation Essay Example | Topics and Well Written Essays - 2500 words

Organizational Leadership and Motivation - Essay Example The first important aspect of developing the correct leadership is based on the environment which is created, specifically because of the goal of having innovation as the leading factor for those managing different teams. There are three factors which are noted in the environment that develops the correct culture for an organization. This includes the stimulus, capacity and performance results. The stimulus within the environment needs to be created to invite in different levels of innovation and to build a culture that is reflective of finding and developing new ideas. The capacity which follows this continues with the understanding of the different human resources and how they are able to respond and approach the different environmental needs that are occurring. This can be combined with the performance, which becomes significant because of the way in which this reflects the organizational environment. As the culture of the organizational environment is stimulated, the performance should increase and more responses from team members should be available. The atmosphere and environment which is created from the organizational culture then has to show and reflect all aspects of how the organization is managed (Prajogo, 2006: 15). The environment that is reflected and the stimulus, capacity and performance are further reflected with characteristics that are in the organizational culture. This is led by creating ways for opportunities to be further defined while the limitations within the work structure are lifted. The concept of building the right opportunities is one which begins with developing a system through technical and non – technical applications which can be used. The approach is to find different resources and tools which are added into the environment and which build and develop an alternative approach to creating the right development within the environment. This combines with understanding types of innovation within the environment and ways i n which this can be reflected through opportunities. The main approach to take with the environment is to allow resources, ideas and expansion to be continuously available to the employees, teams and leaders. As the systems within the environment are able to create the right approaches there is the ability to develop and understand the relationships that are associated with the organization. The environment will need to create a process and understanding of this through the culture to further reflect what is needed for new innovations to be developed (Walker, 2007: 591). The environment which is created with resources and other systems should further develop with expected procedures that invite innovation. The leadership arena is one which has to create an environment that is stimulating and which offers teamwork and development to be created. Furthering this