Suppose a Family Member Approaches You to Borrow $2,000 for the Down

question 64

Essay

Suppose a family member approaches you to borrow $2,000 for the down payment on an automobile.You have the cash available in a savings account that currently earns 5% annual interest.You and the family member consider the following repayment options:
(i) Borrower repays you $100 each year indefinitely.
(ii) Borrower repays $259 each year over the next ten years.
(iii) Borrower repays $300 each year over the next five years, plus a lump-sum payment of $895 in the fifth year.
(iv) Borrower repays you $2,100 at the end of one year.
For each of the options above, show that the present values of each option are approximately equal.Then, relate each of the options above to the four types of bonds, indicating which option is equivalent to which type of bond.Explain why.

Learn the goals and techniques for training suicide hotline volunteers.

Recognize patterns of suicidal thoughts and behaviors.

Describe categories of individuals who commit suicide according to Edwin Shneidman.

Comprehend the challenges in measuring the effectiveness of suicide prevention programs.

---

Definitions:

Axon

The long, slender projection of a nerve cell, or neuron, that conducts electrical impulses away from the neuron's cell body.

Neural Impulse

A signal transmitted along a nerve fiber, typically in response to a stimulus, leading to action or communication between different parts of the body.

Neurotransmitters

Chemical messengers that transmit signals across synapses from one neuron to another in the brain and nervous system.

Knoblike Terminals

The rounded ends of axons, known as axon terminals, which are involved in transmitting signals to other neurons or muscles through the synapse.