Success Tips for BUSI 352 – Financial and Retirement Planning
Order Description
Success Tips for BUSI 352 – Fin" rel="nofollow">inancial and Retirement Plannin" rel="nofollow">ing
Case Study Assignments
Please write your Case Study as a narrative as though you are speakin" rel="nofollow">ing to the clients. Each case study has specific questions to address and these are best put in" rel="nofollow">into separate paragraphs that in" rel="nofollow">include the question bein" rel="nofollow">ing addressed. Calculations to support your answer/recommendation can be put in" rel="nofollow">in an appendix to the paper. Please show all your work (see below). Read and follow the Rubric for the Case Studies. This is how it will be graded. Case Study 1 is worth 50 poin" rel="nofollow">ints and Case Study 2 is 70 poin" rel="nofollow">ints.
Time Value of Money Calculations
Study Chapter 7 well. You will need to be able to use these calculations proficiently throughout the course. This chapter give you button-by-button in" rel="nofollow">instructions on how to solve each type of problem on the Hewlett Packard 10bII and HP 12C fin" rel="nofollow">inancial calculators. Additional help is available by searchin" rel="nofollow">ing “HP 10BII” on YouTube and selectin" rel="nofollow">ing one of the many tutorials.
Showin" rel="nofollow">ing Your Work for Case Study Assignments
Please show your work when completin" rel="nofollow">ing the Case Study assignments. If I can see your work is on the right track, but you ended with the wrong answer, I can give partial credit. If you simply give me a wrong answer, you get no credit for the effort. The best method to solve these problems is to use a fin" rel="nofollow">inancial calculator. The book gives examples in" rel="nofollow">in Chapter 7 on how to use the Hewlett Packard 10bII and HP 12C fin" rel="nofollow">inancial calculators to solve problems. I strongly recommend usin" rel="nofollow">ing this calculator and keepin" rel="nofollow">ing its User Guide handy. If you do not have the user guide, let me know and I will email it to you.
When showin" rel="nofollow">ing your work on assignments, use a format similar to the followin" rel="nofollow">ing:
N = 12, I/Y = 6, PV = -25000, Solvin" rel="nofollow">ing for FV = 50304.91
Be min" rel="nofollow">indful of usin" rel="nofollow">ing the +/- signs on your in" rel="nofollow">inputs. As a general rule, money you put in" rel="nofollow">into a fin" rel="nofollow">inancial transaction (i.e. in" rel="nofollow">initial deposits, periodic contributions, etc.) is in" rel="nofollow">input with a negative sign (-). Money you will be receivin" rel="nofollow">ing (i.e. periodic payments) will have a positive (+) sign.
Many answers will be a percentage. Percentage answers are properly notated by carryin" rel="nofollow">ing them out to two decimal places (e.g., 43.25%, 39.00%, 12.40%). If you simply round off your answer to the nearest whole number, it will be wrong. The difference between average annual returns of 8.00% and 8.45% over 20 years on $10,000 is $46,609.57 and $50,651.36 respectively.
Quizzes and Exams
Each Quiz consists of 15 questions created from a bank of test questions. Each quiz is different for each student and different if taken more than once. Exams are 75 questions and constructed the same as quizzes. Quizzes are worth 30 poin" rel="nofollow">ints and Exams 150 poin" rel="nofollow">ints. If you take the test and are not happy with the result, you can take it again" rel="nofollow">in to try and get a better score. You must complete the retake before the assignment deadlin" rel="nofollow">ine. If you get an answer wrong that you feel is correct, please send me an email that states the question, the answer you believe is correct, and a reference in" rel="nofollow">in the textbook (in" rel="nofollow">includin" rel="nofollow">ing page number in" rel="nofollow">in the upper right-hand corener) for your correct answer. I will review your test, and if your answer is correct, I will adjust your score accordin" rel="nofollow">ingly. When I make corrections to the test bank, it adjusts the score for everyone's test that had that question. It is possible for someone who got the question correct by selectin" rel="nofollow">ing a wrong answer, to get a lower score when the question is corrected.