Financial managers extend beyond the corporation

Assignment Help Financial Management

Reference no: EM131995569

1. EXPLAIN: What past or present life experiences of yours could have benefited from NPV or IRR analysis? How can the techniques and methods of financial managers extend beyond the corporation and be applied in personal life?

2. Your wealthy uncle established a bank account with $1,900 for you when you were born. For the first 8 years of your life, the interest rate earned on the account was 6%. Since then, rates have been only 4%. Now you are 21 years old and ready to cash in. How much is in your account? (Do not round intermediate calculations. Round your answer to 2 decimal places.)

Reference no: EM131995569

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