Money has different values based on time. Money in your pocket has a current value, but money owed to you has a varying value based on how sure it is that you will receive it and when. It is possible to estimate its value. In this assignment, you will analyze the value of money on the basis of this Week’s learning.
Review Understanding The Time Value of Money to attain more information on how the value of money is based on time.
Find the following values for a lump sum assuming annual compounding:
The future value of $500 invested at 8 percent for 1 year
The future value of $500 invested at 8 percent for 5 years
The present value of $500 to be received in 1 year when the opportunity cost rate is 8 percent
The present value of $500 to be received in 5 years when the opportunity cost rate is 8 percent
Analyze present and future values and their implications for the balance sheet and the budget of an organization.
However, the SDLP were the only party which supported the Anglo-Irish agreement. The unionist community felt alienated and betrayed by the agreement and Sin Fein, was as vociferously opposed to the agreement as once again they were not included and felt as though the Irish were abandoning the Northern Catholics. As Sinn Fein and the Unionists both refused to accept the agreement and would not compromise or negotiate with each other the Assembly was dissolved in June 1986. Although an improvement from previous attempts as the Anglo-Irish agreement had a much clearer framework and a step towards better relations between the Northern and Republic of Ireland, it was not enough. Once more, the exclusion of certain parties and their interests meant that the agreement did not effectively identify or solve any of the problems previously seen in the Sunningdale agreement. It did not address the increasing violence seen in Ireland nor did it attempt to resolve the core of the issue which was the severely damaged relationship between the unionists and the nationalists. The next major step in addressing devolution in Northern Ireland came in 1993 with the Downing Street Declaration. This declaration was a major step forward in securing a successful peace process in Northern Ireland because it began to address the issues that resulted in failure during previous attempts. The first important aspect was that the document recognized that in order for devolution to be successful three sets of relationships needed to be addressed between: nationalists and unionists, northern and republic of Ireland and between Dublin and London. This declaration stressed the importance of the people of Ireland in deciding their future, they could decide if they wished to be part of Britain or Ireland. It also stressed that the British governments role was simply to “encourage, facilitate and enable” the peace process instead of encouraging a specific outcome. Secondly, unlike in previous attempts the declaration included all political parties which rejected violence, giving those previously left out of negotiations an opportunity to be a part of them. As author Margaret Greenwood wrote “it signaled a new readiness for dialogue with all sides involved in the troubles- including Sinn Fein and the IRA”. They were repeatedly assured of their place at the negotiating table if they accepted the Downing Street Declaration and the violence ceased. The document was a “delicate balance” between the nationalist objective of a united Ireland and the unionist demand for recognition of their right to remain as part of the United Kingdom. Therefore, for the most part it was welcomed as a “workable compromise” and as a result it went on to provide a point of reference in the developing devolution. The Downing Street Declaration effectively signaled a public sea-change by the two governments in how they were prepared to approach Northern Ireland’s political future. The fact it identified the issues at hand and was much more conclusive than its predecessors meant that the Downing Street Declaration had a much better chance at securing a successful settlement in Northern Ireland. It was now over to the paramilitaries to decide whether or not they would be part of that.>GET ANSWER