Advanced financial planning Essay Example | Topics and Well Written Essays - 3250 words

Advanced financial planning - Essay Example Everyone has heard this word and knows about it. It simply means that money fetches money. The rate at which it fetches is known as interest. The rate is measured in percentage. Surely, higher the rate, larger the benefit flows to you. Understanding Effective and Nominal Interest Rates.Let us understand the difference between actual and nominal interest rate. Supposing your credit card company charges you interest of 2.5% per month. That means that nominal interest per year is 30 percent; however, effective interest rate is something else and can be calculated as,Effective interest rate= (1+ i/n)n -1 (Effective and Nominal†¦)Where, i is nominal interest per year and n is number of periods of compounding. In our case, i=30% or 0.30 and n=12 Effective interest rate= (1+0.3/12)12 -1= (1.025)12 -1 =1.378-1=37.8% It means that though the company informs you about charging 30 percent nominal interest; in real terms, they are charging you at the rate of 37.8 percent.Compounding: This i s also known by most but understood and grasped by few. Compounding of the money is the most fascinating phenomena that bring enormous benefit to you. Do you know that the compounding has a very important dimension in terms of time? Effect of the money fetching money increases manifold when it works for a longer time.The biggest hurdle that haunts most of the people in the life when they start investment is its smallness. Every big thing initially starts small. The time, energy, and efforts put at the beginning do not seem to justify small returns that any business or investment may offer. People get first thought in the mind "For such a small return should I devote my time and spare the money, which otherwise can better be utilized to get more enjoyment in life." Quick answer surfaces, "Sacrifices are manifold compared to the benefits." The thought of this kind wins over the future benefits that may accrue after a few years. Thus, the person tends to postpone a small but a significant beginning, which is capable of transforming his or her fortune. This issue has to be understood thoroughly before it really happens with you stopping your small beginning for big gains in the future. The point to be noted here is that every tycoon or for that matter every big investor always starts small-- as small as you can ever think of but with the passage of time and their perseverance they become big. I am reminded of an ancient story, which I cannot r esist sharing with you. Once there lived a painter who fell upon such tough times that he was unable to earn

- Text The Handmaids Tale (Atwood) What is the purpose of morality Essay

- Text The Handmaids Tale (Atwood) What is the purpose of morality What are the pros and cons What is morality - Essay Example Whether it results in the reinstatement of moral values to the creation of a better world is the matter of concern here. Based on the principle that â€Å"no society ever strays completely far from its roots† (Curious Pursuits, 91), Atwood has created a future society reviving the trends and practices of the Nineteenth Century Puritanism. The novel, which is the outcome of composite factors like vast and thorough reading of history, extensive travel, first hand experiences of real despotisms and experience acquired through a membership in the Amnesty International, perpetrates the author’s conviction that totalitarian regimes breed fear and silence. In such an atmosphere, morality is also a degenerative instrument of torture at the hands of the dictators. Morality, when enforced, becomes nothing but oppression and invariably fails to serve its purpose. The term morality implies the ability to discern right, good and virtue from their counterparts. Human beings are endowed with the ability to rationalize and the free will to face crucial situations in life demanding the exercise of these faculties. Every society has its set of standards in morality, so also each individual. Various factors like cultural parameters, contemporary trends and individual preferences play vital roles in deciding and setting up these standards. The revival of Puritanism in the novel, with its dictatorial enforcement of standards of living pose an outrageous, dismal and despicable picture of an impending possibility fulfilling a dystopia’s mission of warning the world. The simulated American theocracy in the novel is patterned after the Old Testament standards. In the imaginary nation ‘The Republic of Gilead’ which is the United States of America in the distant future, women are withdrawn from the public spheres and are categorized according to the duties they

American Government Essay Example | Topics and Well Written Essays - 500 words - 2

American Government - Essay Example The so called representatives of the peoples that are chosen only serve to represent themselves and their interests. Their aims are to make themselves popular in the world over and to create fear among nations (Roger, 2004). The people have no power to make decisions of national governance as it would be in true democracy. The system ensures important decisions to be made by few people who create inefficiency in the whole process of decision making and execution. There concentration of power on top level has seen stagnation of economy among other bad decisions that have continued to plague the tax payer. This form of the government represents their wealthy clients at best often ignoring the have-nots who are the people who have elected it. Therefore the party in power is not the problem facing American but the social contract structure whereby decision making process is left for the wealthy few instead of being distributed to the people. The only solution would be to redesign the Ame rican government and that would be through constitutional amendment to restore the power to run the country back to the people to ensure the system get efficient since the elected representatives will become directly responsible to their actions and answerable to the people. Furthermore, decision making will be decentralized. Social contract comprises the philosophical therories describing agreements between the ruled and the rulers among the members of an organized society and the philosophies defined the duties of each party, limitations, and rights (Stuart, 2007). A contract in normal cases comes with specific obligations and therefore in political scenario a contract between the citizens and the sovereign power grounds the nature of obligation on each party. Under the social contract the legitimate authority is drawn from the consent of the people. Members of the society are bound by the social contract to respect the ruling government

Innovation in nursing IP phase 2 Assignment Example | Topics and Well Written Essays - 500 words

Innovation in nursing IP phase 2 - Assignment Example Answers for Appendix A are: 1) 7, 2) 6, 3) 7, 4) 8, 5) 6, 6) 7, 8) 6, 9) 7, 10) 8, 11) 7, 12) 7, 13) 8, 14) 8, 15) 7, 16) 8, and 17) 8. After computing for the score, the mean for the exercise is 6.35. It is just a few points above half the scale. There is still room for improvements towards innovation in medical nursing care. The result may not be as impressive as initially expected but theoretical assessment does not literally translate to actual assessment which matters the most (Endsley, 2010). Strong points would be willingness to learn and open-mindedness. One would strongly consider those characteristics in a person who is working in the medical field as one would take in instructions from physicians. A single mistake into executing the instruction may put a patient’s life in jeopardy. Willingness to learn is somewhat associated with the fact that though one is knowledgeable in the field, there would be breakthroughs and changes which are needed to be executed. Learning, especially in the medical field, does not end upon graduation. There would be changes in the way medications would be administered to patients which are very crucial. Learning is not just the important thing at this aspect but also being properly informed. The two goes hand in hand. As for open-mindedness, there would be come a time that a nurse would be getting orders from interns and/or specialists who could be not just younger in age but also younger in exposure to the actual hospital or clini c. At this point, though the idea and concept of respect should always be present at a working environment, it is not always those who are employed longer who would get the final decision. This characteristic is truly crucial in the nursing world. As for weakness, one could point out lack of confidence and occasional stubbornness. Methods of expanding and enhancing innovations should be more inclined towards hand-on learning. It would give nurses

Dutchtown High School Research Paper Example | Topics and Well Written Essays - 2000 words

Dutchtown High School - Research Paper Example There are a number of classes that are offered at Dutchtown middle school even though all the students are encouraged to take the entire four major lessons, which are science social studies, math, and English. The school also provides an opportunity to get into an in-state university. The schools motto is to provide an environment of excellence where all students can become lifelong learners and productive citizens. In addition, the school also offers courses in United States history, studio art 2d-design, biology, computer science, art history, calculus Ab & Bc, chemistry, English language and composition , politics, studio art drawing, US government, English literature, world history, European history and physics. The state of Louisiana has an enrollment of 703,309 students while the attendance rate for the year 2010-2011 was 94.8% (U.S. Census Bureau, 2012). However, the in-school suspension rate for the year 2010-2011 was 9.6% while the percentage of classes taught by highly qual ified teachers for the same year was 88.8%. The expenditure per student was $10,622. The state ranked in a grade of 91.8 in 2010, which is a 2 star ranking and 93.3 in 2011, which is a grade C ranking (U.S. Census Bureau, 2012). ... n.  However, the area where the school is located is vulnerable to hurricanes and the tropical systems since the area is lowly elevated, and has a close location to the coast of southeast Louisiana. The town lies 23 feet above the sea level, which is slightly lower than most areas of United States (U.S. Census Bureau, 2012). Geismar in turn is located in Louisiana, a state found in the US, which is found in the southern region. The state of Louisiana is among the most extensive and populous states of the United States. This has contributed greatly in shaping the demographics patterns of Ducthtown High School in that the school boasts of a large population of students and teachers. The average ratio of students to teacher is 25:1, which is actually a moderate ratio. The capitals of Louisiana are found in Baton Rouge whereas the largest city in that state is New Orleans. One interesting political fact is that the state of New Orleans is the only state in the US whereby the three are political subdivisions known as parishes. Dutchtown High School is located in Ascension Parish. These parishes are the equivalents of counties in many other US states (U.S. Census Bureau, 2012). Ethnically, the state of Louisiana’s urban environments is a multi-cultural environment and multi-lingual surroundings. The states heritage is by far shaped and influenced by the admixture of 18th century,  Native American, African,  and Spanish cultures. Cultures and ethnicity are considered exceptional in the US statistics, which have also played a major role in shaping the schools ethnicity and cultural heritage. This multi cultures were contributed largely by the colonial history of this state whereby the French and the Spanish colonized it way before the British took over colonizing America.

CRJS405DB4 Research Paper Example | Topics and Well Written Essays - 250 words

CRJS405DB4 - Research Paper Example These include but not limited to collation, filtering, visualization and processing of data. Collation is the major role played by Excel. It involves gathering items that are related together into a solitary location, the spreadsheet. This aids in facilitating interpretation of data as only those records that are related are kept together. The organization of data in the spreadsheet also enhances clarity and neatness of the records, making access and retrieval easy and faster. Filtering is also another important feature offered by Excel. The data sets can also be easily visualized, making the work of the managers easy and more efficient to perform. SPSS can be defined as an integrated collection of tools for analysis of data commonly used and applied by social scientist researchers ( Mckeh & David, 2004). It is a computer based software package for quantitative data analysis commonly used for analysis of statistical data and other data management tasks. SPSS offers predictive analytics, a common feature which is beneficial to all businesses regardless of their industry. This feature involves predicting changes in the future trends in selling patterns. The results are then translated quickly into a number of harmonized decisions which aid in management and planning for future trends. This helps organization to take caution of possible risks of failure in the future, thus adjusting their operations to fit the situation ( Wagner, 2011). This saves money and improves customer satisfaction, thus ensuring continued success of the business. Future losses are prevented before occurring. When one uses the data garnered in a survey as a tool to develop a profile of features to be used by the company when hiring workers and call that Ideal, it could mean a stagger in the ethics of business. This is equated to having a mold of potential employees and calling them ideal (Cooper $ Vault, 2009). Each of them will be diversified in the

Alexander the Great Essay Example for Free

Alexander the Great Essay Alexander III the Great was a King and a conqueror of the Persian Empire. He was known as one of the greatest military prodigies of all time. He inspired many, such as Hannibal the Carthaginian, the Romans Pompey, and Napoleon. He was born around July 20, 356 B. C. in Pella, which is the prehistoric capital of Macedonia. Alexander was the son of Phillip II, King of Macedonia, and of his fourth wife Olympias, an Epirote princess. Alexander’s childhood revolved around his father. He spent most of his time watching his father transform Macedonia into a great military power. He also watched them win victory after victory on the battlefields of Balkans. At the age of twelve he showed his father and bystanders his equestrian skills when he tamed Bucephalus, a wild stallion. Thereafter, he would ride him into every major battle. At age sixteen Alexander’s father left him in charge to rule Macedonia while he invaded Thrace. During the invasion, a Thracian tribe bordering North Eastern Macedonia rebelled and became a threat to the country. Alexander created and lead his army against the rebels and defeated the Maedi and renamed it Alexandropolis. Two years later, Alexander’s father gave him a high ranking position among his senior generals as the Macedonia army invaded Greece. Not long after the Macedonian army defeated the Greeks at Chaeronea, Alexander’s parents separated and the family split. King Philip later married Cleopatra, an aristocratic Macedonian girl. Shortly thereafter, Alexander and his mother, Olympias, fled the country to Epirus after Alexander had an altercation with his stepmother’s uncle, General Attalus and his father, King Philip. The General commented at King Philip and Cleopatra’s wedding banquet that the couple would one day give birth to a â€Å"legitimate heir† a child of pure Macedonian blood. Alexander became enraged and threw his cup at the General. In turn, King Philip drew his sword and charged toward Alexander. Years later, Alexander returned to Macedonia, but lived in isolation and remained removed from the Macedonian court. In the spring of 336 BC, while the Persian invasion was going on, King Phillip was assassinated by a Macedonian noble Pausanias. Both ancient and modern historians questioned why he was killed. There are accusations that he was murdered because he denied the Pausanias justice and sought support in punishing Cleopatra’s uncle Attalus for his early mistreatment. There are also claims that Olympias and Alexander were responsible for the assassination. Philip’s dream of conquering the Persian Empire would now rest in the hands of his successor, his 22-year old son, Alexander III. Once Alexander succeeded his father as King of Macedonia, he ordered the execution of all of his native enemies. He also found himself embroiled in a series of rebellions against the conquered nations who saw their opportunity to gain independence due to his father’s death. Alexander had to act quickly to diffuse these uprisings by bringing the Illyrians, Thracians, and the Greeks back under Macedonian rule. Alexander would go on to display his military power by entering into three great battles; the Battle of Granicus, the Battle of Issus, and the Battle of Gaugmela. His total attention was focused on invading Asia and conquering that territory. As Alexander sailed to the Asia Minor’s Coast, he threw a spear while on board that stuck into the ground. When Alexander stepped onto shore he pulled the spear from the ground and pronounced that all of Asia would be defeated by that Macedonian spear. The Macedonians defeated the Persians, but the Greeks held their ground and fought back. Nevertheless, the Macedonians were victorious. Eighteen thousand Greeks perished on the banks of Granicus and 2,000 survivors were captured and sent to Macedonia as forced laborers. The second great battle was the Battle of Issus. The Macedonians came across the Persian armies under the authority of King Darius III in Northwestern Syria. The Macedonians were critically outnumbered, but the battle ended in a great win for Alexander. Tens of thousands of soldiers were killed from the opposing side and King Darius fled in desperation, leaving his family behind. The third Battle was the Battle of Gaugamela. In this battle, Alexander received support from Europe, restructured his forces, and set out for Babylon. Alexander seized lands between the Tigris and Euphrates rivers and established the Persian army at the plains of Guagamela. It is estimated that the army consisted of one million men. Once again, Darius and Alexander met on the battlefield and just as he did in the battle of Issus, Darius fled in defeat. This time he fled to Ecbatana in Media. The Macedonians burned the royal palace in Persepolis several months thereafter, finishing the termination of the ancient Persian Empire. Alexander would continue to pursue King Darius to Persepolis, but would discover that he had been assassinated by another enemy. Out of respect for King Darius, Alexander gave him a royal funeral. Years later, Alexander and 80 of his closest friends married Persian noblewomen. He began to promote marriages between non-native soldiers and native women. The Macedonians did not like this idea. One of Alexander’s desires was to unify the Macedonians and Persians and form a mixed breed elite army that would be attached only to him. Sadly, this would never come to be. Shortly before beginning his Arabian campaign, Alexander became ill, with a fever, after attending his friends Medius of Larisa’s party. His illness worsened day by day and got so bad that he couldn’t move or speak. On June 7, 323 BC, Alexander passed away. Alexander the Great died at the age of 33 without naming a successor to the Macedonian Empire. Once again, the Greeks rebelled and started up a war known as the Lamian War. The Macedonians were defeated and were forced to split into four kingdoms, Seleucus (Asia), Ptolemy (Egypt), Lysimachus (Thrace), and Antipater’s son Cassander (Macedonia, including Greece).