Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Kindly help me in this assignment You recently attended a seminar on Investment and Time value of money organised by your employer, the state commercial

image text in transcribed

Kindly help me in this assignment

You recently attended a seminar on "Investment and Time value of money" organised by your employer, the state commercial bank of Mauritius.

The resource persons emphasised on the importance on convincing each and every bank customer who visits the branches of the bank, to place their savings in one of the many investment schemes introduced by the bank rather than keeping them at home.

Another resource person put emphasis on placing their trust in the bank to invest their money as the bank has a strong team of specialist investors who have been performing highly over the past years. Another resource person used facts and figures from the business world to convince the audience that the State Bank of Mauritius is better placed to offer interesting alternatives to savings accounts and fixed deposits traditionally used over centuries to increase wealth individuals.

The President of the State Bank declared that the time has come for the bank to play a more dynamic role and to help the country during this COVID 19 crisis period.

Your manager has requested you to prepare a special paper to be presented to the Board on the schemes proposed during the seminar.

Your attention has been drawn to the fact that not all members of the board are from the finance world.

Your manager has advised you to keep the language simple and to include the following issues for ease of better understanding:

1. Factors influencing the value of money. 2. Present value of future cash flow 3. Annuities and the future value of an annuity 4. Annual Percentage Rate (APR) & Effective Annual Rate (EAR).

Total Marks 30 marks Werdum 1500-2000 Assignment question Answer all questions You recently attended a seminar on vestment and Time Value of Money organised by your employer, the State Commercial Bank of Man The Resource person emphasised on the importance on convincing each and every bank customer who waits the branches of the bank, to place their savings in one of the many investment schemes introduced by the bank rather than keping them at home Another resource penonput emphasis on placing their trust in the bank to invest their money as the bank has a strong team of specialist investors who have been performing highly over the past years Another resource person used facts and figures from the business world to convince the audience that the State Bank of Mauritius is better placed to offer interesting alternatives to savings accounts and fed deposits traditionally wed over centuries to increas wealth of individuals The President of the State Bank ddared that the time has come for the bank to play a more dynamic role and to help the country during this COMID 19 crisis period Your manager has requested you to prepare a special paper to be presented to the Board on the schemes proposed during the seminar Your attention has been drawn to the fact that not all members of the Board are from the finance word Your manager has advised you to keep the language simple and to include the following is for case of better understanding 1 Factors intencing the value of money 2 Present value of future cash flows: Annuities and the future value of an annuity 4 Annual Percentage Rate API & Effective Annual Rate (TARI Total Marks 30 marks Werdum 1500-2000 Assignment question Answer all questions You recently attended a seminar on vestment and Time Value of Money organised by your employer, the State Commercial Bank of Man The Resource person emphasised on the importance on convincing each and every bank customer who waits the branches of the bank, to place their savings in one of the many investment schemes introduced by the bank rather than keping them at home Another resource penonput emphasis on placing their trust in the bank to invest their money as the bank has a strong team of specialist investors who have been performing highly over the past years Another resource person used facts and figures from the business world to convince the audience that the State Bank of Mauritius is better placed to offer interesting alternatives to savings accounts and fed deposits traditionally wed over centuries to increas wealth of individuals The President of the State Bank ddared that the time has come for the bank to play a more dynamic role and to help the country during this COMID 19 crisis period Your manager has requested you to prepare a special paper to be presented to the Board on the schemes proposed during the seminar Your attention has been drawn to the fact that not all members of the Board are from the finance word Your manager has advised you to keep the language simple and to include the following is for case of better understanding 1 Factors intencing the value of money 2 Present value of future cash flows: Annuities and the future value of an annuity 4 Annual Percentage Rate API & Effective Annual Rate (TARI

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Financial Management

Authors: Jeff Madura

11th Edition

0538482966, 9780538482967

More Books

Students also viewed these Finance questions

Question

How competitive is the external environment of your organization?

Answered: 1 week ago

Question

What other organizations compete on this issue?

Answered: 1 week ago

Question

What significant opposition exists?

Answered: 1 week ago