# Think of something you want or need for which you currently do not have the funds. It could be a vehicle, boat, horse, jewelry, property, vacation, college fund, retirement money, or something else. Pick something which cost somewhere between \$2000 and \$50,000.

## Ashford 5: – Week 4 – Discussion 1

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses.

Initial Investment

Read the following instructions in order to complete this discussion, and review the example of how to complete the math required for this assignment:

Think of something you want or need for which you currently do not have the funds. It could be a vehicle, boat, horse, jewelry, property, vacation, college fund, retirement money, or something else. Pick something which cost somewhere between \$2000 and \$50,000.

On page 270 of Elementary and Intermediate Algebra you will find the “Present Value Formula,” which computes how much money you need to start with now to achieve a desired monetary goal. Assume you will find an investment which promises somewhere between 5% and 10% interest on your money and you want to purchase your desired item in 12 years. (Remember that the higher the return, usually the riskier the investment, so think carefully before deciding on the interest rate.)

State the following in your discussion:

The desired item

How much it will cost in 12 years

The interest rate you have chosen to go with from part 2

Set up the formula and work the computational steps one by one, explaining how each step is worked, especially what the negative exponent means. Explain what the answer means.

Does this formula look familiar to any other formulas you are aware of? If so, which formula(s) and how is it similar?

Incorporate the following five math vocabulary words into your discussion. Use bold font to emphasize the words in your writing (Do not write definitions for the words; use them appropriately in sentences describing your math work.):

Power

Reciprocal

Negative exponent

Position

Rules of exponents

Your initial post should be 150-250 words in length. Respond to at least two of your classmates’ posts by Day 7. Do you agree with how they used the vocabulary? Do their answers make sense?

Carefully review the Grading Rubric for the criteria that will be used to evaluate your discussion.
The text passage provides instructions for a discussion assignment in a math course, where students are asked to use the Present Value Formula to calculate how much money they need to save now to purchase a desired item in 12 years, given an interest rate between 5% and 10%.
no_question

the passage does not contain a specific mathematical question or a direct answer to a question. instead, it provides a set of instructions for a task that involves mathematical calculations.
Given a text passage, determine:
    1. If it contains a mathematical question (including word problems or calculations)
    2. If an answer to that mathematical question is provided in the text

First, describe the content structure you found in 1-2 sentences.

Then provide your analysis in the following format:
TYPE: <one of the following values>
- NO_QUESTION
- SINGLE_QUESTION
- SINGLE_QUESTION_WITH_ANSWER
- MULTIPLE_QUESTIONS
- MULTIPLE_QUESTIONS_WITH_ANSWERS
system
# Think of something you want or need for which you currently do not have the funds. It could be a vehicle, boat, horse, jewelry, property, vacation, college fund, retirement money, or something else. Pick something which cost somewhere between \$2000 and \$50,000.

## Ashford 5: – Week 4 – Discussion 1

Your initial discussion thread is due on Day 3 (Thursday) and you have until Day 7 (Monday) to respond to your classmates. Your grade will reflect both the quality of your initial post and the depth of your responses.

Initial Investment

Read the following instructions in order to complete this discussion, and review the example of how to complete the math required for this assignment:

Think of something you want or need for which you currently do not have the funds. It could be a vehicle, boat, horse, jewelry, property, vacation, college fund, retirement money, or something else. Pick something which cost somewhere between \$2000 and \$50,000.

On page 270 of Elementary and Intermediate Algebra you will find the “Present Value Formula,” which computes how much money you need to start with now to achieve a desired monetary goal. Assume you will find an investment which promises somewhere between 5% and 10% interest on your money and you want to purchase your desired item in 12 years. (Remember that the higher the return, usually the riskier the investment, so think carefully before deciding on the interest rate.)

State the following in your discussion:

The desired item

How much it will cost in 12 years

The interest rate you have chosen to go with from part 2

Set up the formula and work the computational steps one by one, explaining how each step is worked, especially what the negative exponent means. Explain what the answer means.

Does this formula look familiar to any other formulas you are aware of? If so, which formula(s) and how is it similar?

Incorporate the following five math vocabulary words into your discussion. Use bold font to emphasize the words in your writing (Do not write definitions for the words; use them appropriately in sentences describing your math work.):

Power

Reciprocal

Negative exponent

Position

Rules of exponents

Your initial post should be 150-250 words in length. Respond to at least two of your classmates’ posts by Day 7. Do you agree with how they used the vocabulary? Do their answers make sense?

Carefully review the Grading Rubric for the criteria that will be used to evaluate your discussion.
user
The text passage provides instructions for a discussion assignment in a math course, where students are asked to use the Present Value Formula to calculate how much money they need to save now to purchase a desired item in 12 years, given an interest rate between 5% and 10%.

TYPE: NO_QUESTION

The passage does not contain a specific mathematical question or a direct answer to a question. Instead, it provides a set of instructions for a task that involves mathematical calculations.