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Philosophy-110-Discussion-Aristotle-s-account-of-virtue-and-happiness
/in Questions Uploads /by admin#1 This week, we are reading Aristotle’s account of virtue and happiness. In your own words, explain what he means when he says: “Virtue, then, is a state of character concerned with choice, lying in a mean, i.e. the mean relative to us, this being determined by a rational principle, and by that principle by which the man of practical wisdom would determine it.” You may choose to give an example of a situation in which one must use their practical wisdom to determine the virtuous way to act.
#2 Lao Tzu’s Dao De Jing is one of the most widely read and translated texts of all time. However, it is somewhat obscure and hard to understand. Each time you read it, you may get something different from it. In this discussion board, pick two passages from the Dao and explain, in your own words what you think it is trying to say. You are welcome to use other passages than those found in our textbook. The complete Dao can be found here: http://www.indiana.edu/~p374/Daodejing.pdf (Links to an external site.)Links to an external site.
Use examples please for both questions to complete answer.
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I-need-tab-question-3-answered-only-Parts-1-5
/in Questions Uploads /by adminAt 45 years of age, Seth figured he wanted to work only 10 more years. Being a full-time landlord had a lot | ||||||
of advantages: cash flow, free time, being his own boss—but it was time to start thinking toward retirement. | ||||||
The real estate investments that he had made over the last 15 years had paid off handsomely. After selling a | ||||||
duplex and paying the associated taxes, Seth had $350,000 in the bank and was debt-free. With only 10 years | ||||||
before retirement, Seth wanted to make solid financial decisions that would limit his risk exposure. Fortunately, | ||||||
he had located another property that seemed to meet his needs— a well maintained four-unit apartment. The | ||||||
price tag was $250,000, well within his range, and the apartment would require no remodeling. Seth figured he | ||||||
could invest the other $100,000, and between the two hoped to have $1 million to retire on by age 55. | ||||||
1. Seth read an article in the local newspaper stating the real estate in the area had appreciated by 5% per year | ||||||
over the last 30 years. Assuming the article is correct, what would the future value of the $250,000 apartment | ||||||
be in 10 years? | ||||||
Initial Investment (PV) | ||||||
Quoted Rate | ||||||
Compounding Frequency | Choose one | |||||
Number of compoundings (m) | For Quarterly, type 4; for semiannually, type 2; for annually, type 1; for monthly, type 12; for daily, type 365 | |||||
Quoted Rate divided by m = RATE | ||||||
Number of Years | ||||||
NPER (Num. of years * m) | ||||||
Ending Amount (FV) | ||||||
2. Seth’s current bank offers a 1-year certiï¬cate of deposit account paying 2% compounded semiannually. | ||||||
A competitor bank is also offering 2%, but compounded daily. If Seth invests the $100,000, how much more | ||||||
money will he have in the second bank after one year, due to the daily compounding? | ||||||
Current Bank | Competitor Bank | |||||
Semiannually | Daily | |||||
Initial Investment (PV) | ||||||
Quoted Rate | ||||||
Compounding Frequency | Choose one | |||||
Number of compoundings (m) | For Quarterly, type 4; for semiannually, type 2; for annually, type 1; for monthly, type 12; for daily, type 365 | |||||
Quoted Rate divided by m = RATE | ||||||
Number of Years | ||||||
NPER (Num. of years * m) | ||||||
Ending Amount (FV) | ||||||
Difference in FV | =D36-C36 | |||||
3. After looking at the results from questions 1 and 2, Seth realizes that a 2% return in a certiï¬cate of deposit | ||||||
will never allow him to reach his goal of $1 million in 10 years. Presuming his apartment will indeed be worth | ||||||
$400,000 in 10 years, compute the future value of Seth’s $100,000 investment using a 10%, 15%, and 20% return | ||||||
compounded semiannually for 10 years. Will any of these rates of return allow him to accomplish his goal of | ||||||
reaching $1 million by age 55? | ||||||
10% | 15% | 20% | ||||
Initial Investment (PV) | ||||||
Quoted Rate | ||||||
Compounding Frequency | Semiannually | Semiannually | Semiannually | |||
Number of compoundings (m) | ||||||
Quoted Rate divided by m = RATE | ||||||
Number of Years | ||||||
NPER (Num. of years * m) | ||||||
Ending Amount (FV) | ||||||
Plus: Apartment Value | $400,000 | $400,000 | $400,000 | |||
Total FV | =FV + Apartment Value | |||||
Which rate of return allows him to accomplish his goal of reaching $1 million? | Choose one | |||||
4. A friend of Seth’s who is a real estate developer needs to borrow $80,000 to ï¬nish a development project. | ||||||
He is desperate for cash and offers Seth 18%, compounded monthly, for 2.5 years. Find the future value of | ||||||
the loan. | ||||||
Initial Investment (PV) | ||||||
Quoted Rate | ||||||
Compounding Frequency | Choose one | |||||
Number of compoundings (m) | For Quarterly, type 4; for semiannually, type 2; for annually, type 1; for monthly, type 12; for daily, type 365 | |||||
Quoted Rate divided by m = RATE | ||||||
Number of Years | ||||||
NPER (Num. of years * m) | ||||||
Ending Amount (FV) | ||||||
5. After purchasing the apartment, Seth receives a street, sewer, and gutter assessment for $12,500 due in 2 years. | ||||||
How much would he have to invest today in a CD paying 2%, compounded semiannually, to fully pay the assessment in 2 years? | ||||||
Future Value Needed (FV) | ||||||
Quoted Rate | ||||||
Compounding Frequency | Choose one | |||||
Number of compoundings (m) | For Quarterly, type 4; for semiannually, type 2; for annually, type 1; for monthly, type 12; for daily, type 365 | |||||
Quoted Rate divided by m = RATE | ||||||
Number of Years | ||||||
NPER (Num. of years * m) | ||||||
Amount Invested Now (PV) |
I have included the excel sheet for completion. Please complete tab/ question 3 parts 1-5 only.
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