The Iran-Iraq War of the 1980s The Role of USA Free Essay Example, 1000 words

Jacek s article is one of the most recent scholarly articles that examine United States involvement in the Iran-Iraq war of the 1980s. Since it is one of the latest publication in this subject matter, it highly gets cited in later articles and books on the U. participation in Iran-Iraq war of the 1980s. The content of this article is easy to comprehend, and it helps me understand how the United States supported Iran and defeated Iraq in the Iran-Iraq War of the 1980s. It highlights both the reasons, contributions, and impacts of United States participation in this war. For example, the author notes that although the events of the United States involvement in this war may be forgotten by both Americans and Iranians, they significantly dictate how both the nations currently perceive each other. This article also shows how complicated this war was, from forming a collaboration with Iran to defeat Iraq. This newspaper article from the New York Times was beneficial since it reported on a daily basis all the developments that led to the Iran-Iraq War. The genius of this newspaper article is the fact that it continued recording and reporting all that transpired during the war. We will write a custom essay sample on The Iran-Iraq War of the 1980s: The Role of USA or any topic specifically for you Only $17.96 $11.86/page This book is a necessity in understanding this topic because it contains many legends and half-truths about the cause of Iran-Iraq war, and United States involvement and support.

Time Value of Money Essay - 708 Words

Time Value of Money Project Show all your work! Name _________________ 1. If Mrs. Beach wanted to invest a lump sum of money today to have $100,000 when she retired at 65 (she is 40 years old today) how much of a deposit would she have to make if the interest rate on the C.D. was 5%? a. What would Mrs. Beach have to deposit if she were to use high quality corporate bonds an earned an average rate of return of 7%. b. What would Mrs. Beach have to deposit if she were to use common stock and earned an average rate of return of 11%. c. What type of a problem is this? ___________ 2. If you had a payment that was due you in 5 years for $50,000 and you could earn a 5% rate of return, how much†¦show more content†¦a. What would be the principal and interest payment on the first payment? b. What would be the principal and interest payment on the twelfth payment? c. What type of a problem is this? ___________ 6. You want to purchase a truck for $25,000 and you have $3,450 to put down. How much will your payments be if you financed the truck for 60 months at 6%? a. How much would the payment be if rate of interest is 5% and you only financed the truck for 48 months? b. Assuming that you would only finance the truck for 4 years, how much would you need to put down to get your payment to $450.00? c. What type of a problem is this? ___________ 7. You have $350.00 per month to spend on a car payment. If your credit union charged 7.5% interest on a used car, how much car can you purchase if you will only finance for 4 years? __________ 8. If you want to purchase a home. You have $15,000 to put down. All you can afford is $1,500.00 per month and you do not want to finance for more than 15 years @ 6% interest, (your taxes will be $85.00 per month and insurance $200.00 a month), what is the amount you can pay for your home? (Show all your work) 9. You want to purchase a business with the following cash flows. How much would you pay for this business today assuming you needed a 14% return to make this deal? a. Year 2011 $150,000 b. Year 2012 $175,000 c.Show MoreRelatedTime Value of Money1028 Words   |  5 Pagestoward understanding the relationship between the value of dollars today and that of dollars in the future is by looking at how funds invested will grow over time. This understanding will allow one to answer such questions as; how much should be invested today to produce a specified future sum of money? Time Value of Money In most cases, borrowing money is not free, unless it is a fiver for lunch from a friend. Interest is the cost of borrowing money. An interest rate is the cost stated as a percentRead MoreTime Value of Money1033 Words   |  5 PagesTime Value of Money (TVM), developed by Leonardo Fibonacci in 1202, is an important concept in financial management. It can be used to compare investment alternatives and to solve problems involving loans, mortgages, leases, savings, and annuities. TVM is based on the concept that a dollar today is worth more than a dollar in the future. That is mainly because money held today can be invested and earn interest. A key concept of TVM is that a single sum of money or a series of equal,Read MoreTime Value of Money967 Words   |  4 PagesTime Value of Money The time value of money relates to many activities and decision in the financial world. â€Å"Understanding the effective rate on a business loan, the mortgage payment in a real estate transaction, or the true return on an investment depends on understanding the time value of money† (Block, Hirt, 2005). The concept of time value of money helps determine how financial assets are valued and how investors establish the rates of return they demand. Many different types of companiesRead MoreTime Value of Money2180 Words   |  9 PagesFinance Ââ€" Time Value of Money We earn money to spend it and we save money to spend it in the future. However, for most people spending money in the present time is more desirable since the future is unknown. We can gratify the desire to spend money today rather than in the future by knowing the basic law in finance Ââ€" time value of money. This means that a dollar today is worth more than a dollar at some time in the future. Unfortunately, people very often want to buy things at the present time whichRead MoreTime Value of Money3904 Words   |  16 PagesTime Value of Money Problems 1. What will a deposit of $4,500 at 10% compounded semiannually be worth if left in the bank for six years? a. $8,020.22 b. $7,959.55 c. $8,081.55 d. $8,181.55 2. What will a deposit of $4,500 at 7% annual interest be worth if left in the bank for nine years? a. $8,273.25 b. $8,385.78 c. $8,279.23 d. $7,723.25 3. What will a deposit of $4,500 at 12% compounded monthly be worth at the end of 10 years? a. $14,351.80 b. $14,851.80 c. $13,997.40 d. $14Read MoreTime Value of Money5284 Words   |  22 Pages12/9/2012 Chapter 9 The Time Value of Money 1 Chapter 9- Learning Objectives ïÆ' ¼ Identify various types of cash flow patterns (streams) that are observed in business. ïÆ' ¼ Compute (a) the future values and (b) the present values of different cash flow streams, and explain the results. ïÆ' ¼ Compute (a) the return (interest rate) on an investment (loan) and (b) how long it takes to reach a financial goal. ïÆ' ¼ Explain the difference between the Annual Percentage Rate (APR) and the Effective Annual RateRead MoreTime Value of Money2092 Words   |  9 PagesTime Value of Money The time value of money (TVM) or, discounted present value, is one of the basic concepts of finance and was developed by Leonardo Fibonacci in 1202. The time value of money (TVM) is based on the premise that one will prefer to receive a certain amount of money today than the same amount in the future, all else equal. As a result, when one deposits money in a bank account, one demands (and earns) interest. Money received today is more valuable than money received in the futureRead MoreTime Value of Money2124 Words   |  9 PagesTime Value of Money: Simple Interest versus Compound Interest Outline I. Applications of Time Value of Money 1.1 Example One 1.2 Example Two 2. Interest 2.1 What is Interest? 2.2 Three Variables of Interest 1. Principal 2. Interest Rate 3. Time 2.3 Why is Interest Charged? 3. Simple Interest 3.1 What is Simple Interest? 3.2 Simple Interest Formula 4. Compound Interest 4.1 What is Compound Interest? 4.2 Compound Interest Formula Read MoreTime Value of Money712 Words   |  3 Pageswill pay the bank over the life of the loan? $123,945.04 4. What is the effective rate of interest on a CD that has a nominal rate of 7.25 percent with interest compounded monthly? EAR = (1+.0725/12)^12 – 1 = 7.5% 5. What is the future value of $4,950 placed in a saving account for six years if the account pays 3%, compounded quarterly? PV = 4,950 N = 6 x 4 = 24 I =3/4 = .75% Pmt = - FV = $5,922.24 6. Your firm, Vandelay Industries, has just leased a $32,000 BMW for youRead MoreTime Value of Money and Present Value1154 Words   |  5 Pagescollege 15 years from today and the other will begin 17 years from today. You estimate your children’s college expenses to be $23,000 per year per child, payable at the beginning of each school year. The annual interest rate is 5.5 percent. How much money must you deposit in account each year to fund your children’s education? Your deposits begin one year from today. You will make your last deposit when your oldest child enters college. Assume four years of college Solution: Cost of 1 year at

Adapting to Modern Society Free Essays

Adapting to Modern Times Today, there are various radio stations that are broadcasted throughout Tanzania. However, from the 1950s until the mid-1990s, Radio Tanzania was the country’s sole station, consisting of music, poetry, drama, and speeches. There are currently more than 15,000 reels of these tapes that are sitting on the shelves of the BBC building in Dar es Salaam. We will write a custom essay sample on Adapting to Modern Society or any similar topic only for you Order Now Reviving the Radio Tanzania Archives is a project that has a goal of digitizing and preserving these tapes before they are destroyed. Throughout reading the booklet by the Heritage Project and after listening to the NPR segment, I noticed a common theme of indigenization of modernity. I argue that the project is using modern technology in order to preserve traditional ways. This topic has also been an important concept of the papers by Christen and Hodgson. In order to reach their goal, the people of the Tanzania Heritage project must use modern knowledge to convert the reel tapes into digital material. When they are able to make this conversion, they will be exemplifying the act of using modern ways in order to preserve traditions. The traditions that they are preserving refer to the history that is embedded in the forms of media that were broadcasted on the radio. According to the Heritage Project, Radio Tanzania was â€Å"both a key instrument of the state and public service, used as a tool for promoting unity and national pride through music† (booklet:8). The Radio represented more than just entertainment, it was involved in politics, and social relations as well. In the NPR segment, they state that the Radio was strictly Tanzanian, a station that was sung by and for the Tanzanian people. The station represents the purity of the Tanzanians without the influence from other institutions. In reproducing these tapes through digitization, people from all different parts of the world will be able to experience a part of the Tanzanian past. The restoration of them allows the Tanzanian tradition to live on indefinitely. Another important concern for the Heritage Project is for the future generations of Tanzania. The co-founder, Benson Rukantabula, hopes that â€Å"If we digitize the archives, they (younger generation) can know where they lost their way†(booklet:13). By using the modern technology to preserve the archives, the project hopes to inspire future generations to create music based on traditional values. King Kiki, one of the legends of the Radio Tanzania era, still plays to sold-out crowds weekly. Another artist of the radio, John Kitime also continues to play live shows throughout Tanzania. The fact that both of these men are still playing to live audience signifies how valuable the music still is. This type of music is also known as Swahili Jazz music, and it was the most popular form of Tanzanian music from the 1960s until the mid-1990s. One important feature of this type of music, according to the co-founder of the Tanzanian Heritage Project, is that you do not have to know the Swahili language to appreciate the music. The project believes in the universality of music, and how it crosses cultural barriers. If more of this music was available for people, then people would naturally begin to recognize the traditional rhythms and melodies of Tanzanian history. The broadcast of this music would increase the influence of traditional Tanzanian culture worldwide. The compact disc of the Warumungu women is also an example of the indigenization of modernity. The recorded songs define Warumungu women’s ancestral relations, their ongoing community status, and their continued relation to specific sets of country† (Christen:417). It is only with the compact disc, which is the product of modern society, that they are able to spread this music and their traditions internationally. To show the goal of reaching outside cultures, there is an insert that includes both English and Warumungu, in which the women voice their traditions, and explain their decision to put the disc into circulation. This insert gives a long history to the reader, and allows them an inside perspective of Warumungu history. Along with broadcasting nationally, this music is also recognized locally, and it is a central goal of the Warumungu women to create a new generation of â€Å"red-orcher women. † The disc was an important source of security for the Warumungu women, to ensure them that their younger generation would recognize and notice their ancestor’s traditions. In addition to the women’s desire to show their traditions to outside cultures and to their own younger generation, they were also aware of the economic benefit that the disc had for them. Nappanangka, a senior Warumungu women said that her â€Å"expectation is that the compact disc’s circulation will increase her power as a ‘red-orcher woman’ while also helping her pay for a new Toyota Land Cruiser† (Christen:424). With the success of the compact disc, the women were hoping for recognition as well as some economic benefit; both of which would help their society. In conclusion, the Warumungu women used the compact disc in order to protect their future generations and to preserve their own customs. The Maasai culture has experienced rapid change throughout its history. In the past, the Maasai culture was ignored because of its primitive ways. Recently, since the tourism industry has become a significant business, the Tanzanian nation-state officials have begun to recognize the Maasai, and use their authentic lifestyle to attract tourists. The Maasai have used this recognition â€Å"to their own advantage, linking current efforts to protect their lands and livelihoods and access development resources to global campaigns for the rights of indigenous peoples†(Hodgson:135). Their cultural lifestyle is being preserved due to the modern theme of tourism. In addition, the Maasai culture has experienced a shifting of roles of masculinities over many years. Traditionally, the Maasai culture has been associated with pastoralism and a dominant warrior-like masculinity. In the past, when a Maasai adopted certain forms of modernity, they were called â€Å"Ormeek†, which was associated with weakness and ignorance. However, the word Ormeek now takes on a more positive meaning and is valued and respected. Most of the Maasai community has learned that education is a key to the future, and Maasai men â€Å"want to educate all of their children so that they can survive in what they perceive as a rapidly changing world† (Hodgson:140). With this education, the Maasai are able to get jobs in the government, and are able to have a voice for the Maasai people. The older generation depends on the younger generation to take care of them, because of the great power that education has in their society. However, although they are adopting these new ways, many of the Maasai people continue to incorporate traditional ways into their daily routines. The social relations of the Maasai culture have basically remained the same, although education has been a key component that has been added. In conclusion, while adapting to modern ways, the Maasai culture has still maintained many of their traditional values, while also using newfound forms of education to provide new advancements for their culture. Reviving the Radio Tanzania Archives is a project with a goal much like that of the Warumungu women. Although the world is advancing, they are trying to preserve their traditions, and make them available worldwide. They do not want to lose heir past due to changing society; they want to recreate it so it can help future generations and inspire them. The Maasai also recognize that they are living in a changing world, and they are beginning to use new forms of education in order to promote their culture to outsiders. All three pieces of work share a commonality of trying to preserve traditional means by using modern technology. Even thoug h they are aware the world around them is unpredictable, they are not ready to forget their traditions, and step in line with modern times completely. They will use modern means in order to preserve the traditions that they wish to protect. How to cite Adapting to Modern Society, Essay examples