TECH 330 Week 2 Discussion | Assignment Help | Excelsior College
- excelsior-college / TECH 330
- 03 May 2021
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- Accounting & Economics Assignment Help / Managerial Economics
TECH 330 Week 2 Discussion | Assignment Help | Excelsior College
M2D1: What if you won the money?
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Introduction:
Most of us dream of what it might be
like to win the lottery. Suddenly, life would be easy and we would never have
to worry about money again, right? Well, maybe. When we own something ,
whatever it is, it tends to become more important to us and we usually try to
get as much value from whatever it is.
This discussion will address the
following Module Outcomes:
·
MO1: Calculate present value (P), future value (F), or annual value
(A) using various engineering economy factors and spreadsheet functions when confronted
with shifted uniform series, gradient series, and single cash flows. (CO1)
·
MO2: Determine nominal and effective interest rates for cash flows that
are on a time basis other than a year. (CO1)
Before
participating in the discussions, review The School of Business and Technology
Discussion Guidelines.
Instructions:
Before you begin
this discussion, please download the Module 2 - Excelsheet
Notes.
For this discussion, research a
recent lottery win and give your analysis on how the winnings were managed by
answering the following questions:
1. Would you take the
one-time payout (which is always less than the face value of the publicized
winnings) or would you take an annuity payout (which is usually the face value
of the winnings, but paid out in even amounts over time)? Justify and explain
your answer using the tools you are learning in this module. What did the
person in your research do?
2. What portion of the
one-time payout would you invest, how would you invest it, and what would be
your expected returns over a 10 year period, and over a 20 year period?
Or, if you took an annuity payout, what portion would you invest, how would you
invest it, and what would be your expected returns over a 10 year period, and
over a 20 year period? Again, justify and explain your answer using
the tools you are learning in this module.
Base your answers on what you would
do and what you noted from the real-life example that you read about. Use
numbers that you can find or make some up that seem reasonable and make
calculations from what you have learned in this module. Question and
comment on at least three of your fellow students’ initial posts.
Consult the Discussion Posting
Guide for information about writing your discussion posts. It is recommended
that you write your post in a document first. Check your work and correct any
spelling or grammatical errors. When you are ready to make your initial post,
click on "Reply." Then copy/paste the text into the message field,
and click "Post Reply."
To respond to a peer, click “Reply”
beneath her or his post and continue as with an initial post.
Evaluation
This discussion will be graded using the discussion board rubric. Please review
this rubric, located on the Rubrics page within the
Start Here module of the course, prior to beginning your work to ensure your
participation meets the criteria in place for this discussion. All discussions
combined are worth 20% of your final course grade.