Discuss the Overall Process of Normalization as It Relates to Anomalies

question 21

Essay

Discuss the overall process of normalization as it relates to anomalies and list the most common normal forms.

Understand the fundamental principles of time value of money including present and future values.

Identify and calculate different interest rates including APR, EAR, and stated rates.

Distinguish between ordinary annuities and annuities due, and calculate their present and future values.

Understand and calculate the effective annual rate (EAR) and how it impacts savings and loan calculations.

---

Definitions:

Picketing

A public protest against management practices that involves union members marching and carrying anti-management signs at the employer’s plant.

Management Practices

The methods, strategies, and techniques used by managers to direct and control a business or organization.

Union Members

Individuals who belong to an organization that represents workers' interests, especially related to wages and working conditions.