Understanding Different Interest Rates

Understanding Different Interest Rates There are a variety of different types of interest rates, but in order to understand these, one must first understand that an interest rate  is a yearly price charged by a lender to a borrower in order for the borrower to obtain a loan, usually expressed as a percentage of the total amount loaned. Interest rates can either be nominal or real, though certain terms exist to define specific rates such as the Federal Funds Rate. The  difference between nominal and real interest rates  is that real interest rates are ones that are adjusted for inflation, whereas nominal interest rates are not; the interest rates one typically finds in the paper are nominal interest rates. The federal government of any given country can affect the interest rate, known in the United States as the Federal Funds Rate and in England as the Prime Rate. Understanding the Federal Funds Rate The Federal Funds Rate is defined as the interest rate at which U.S. banks lend to one another their excess reserves held on deposit at the United States Treasury Department, or the interest rate that banks charge each other for the use of Federal funds in general. Investopedia describes the Federal Funds Rate as the rate of interest banks charge other banks for lending them money from their reserve balances on an overnight basis. By law, banks must maintain a reserve equal to a certain percentage of their deposits in an account at a Federal Reserve bank. Any money in their reserve that exceeds the required level is available for lending to other banks that might have a shortfall. ï » ¿Essentially what this means for the average American is that when you hear that the Federal Treasury Chairman has raised interest rates, theyre talking about the Federal Funds Rate.  In Canada, the counterpart to the Federal Funds rate is known as  the overnight rate; the  Bank of England  refers to these rates as the base rate or the repo rate. Prime Rates and Short Rates The Prime Rate is defined as a rate of interest that serves as a benchmark for most other loans in a country. The precise definition of prime rate differs from country to country. In the United States, the prime rate is the interest rate banks charge to large corporations for short-term loans.​​ The prime rate is typically 2 to 3 percentage points higher than the Federal Funds rate. If the Federal Funds rate is at around 2.5%, then expect the prime rate to be around 5%. The short rate is an abbreviation for short-term interest rate; that is, the interest rate charged (usually in some particular market) for short-term loans. Those are the major interest rates you will see discussed in the newspaper. Most of the other interest rates you see will usually refer to an interest-bearing financial asset, such as a bond.

How to Make Connections with College Professors

How to Make Connections with College Professors By all means, form as many bonds and make as many friends as possible while in school, but don’t neglect the connections you form with college professors. Those can come through in tight spots professionally, and professors are typically well-connected amazing people. Let’s talk about 5 solid ways to get close without stepping over any bounds. 1. Impress the Connections out of Them There’s so many faces like yours coming and going; so many papers to grade, cups of coffee to drink and meetings to attend. You’re going to have to stick out without being a jackass. If you’re trying to get either the professor or other students to laugh during class, you’re probably not impressing anyone. Here’s a couple tips: Details: Pay attention to the little things because your professors will be. The quickest way to impress is to NOT do all the things they expect students to do. Be THAT person who takes the time to understand protocol, be prompt and pay attention to details! Now, don’t make light of this practice, just realize that it IS noticed and appreciated. Study Up: Has the professor written a book? Many books? Do they have a blog? If you take the time to get to know them as a person, you can see what motivates them. This way you can add nuances to everything you do that will catch their interest. Barely anyone does this, so it can work like a charm. Show interest in them. 2. Be Available Willing to Serve It’s not about what your professor can do for you, but what you can do for your professor. Don’t sit in the back of class, but don’t attempt to be a teacher’s pet either. Make it obvious what you’re doing, which is no different than your professor did. Making connections in college is par for the course (forgive the pun). Consistent: Don’t pester, but be consistent. Let them know you’re standing at the ready to be of service in any way possible. The Word: Don’t treat only one of your professors this way, but all those whom you think could become a mutually beneficial connection. Options: If they’ve already got their assistants covered and don’t need your help in the office, is there something you could do for them in their private lives? Cut the lawn? Landscaping? Perhaps just a some quality conversation on interesting class-related topics? 3. Set Up Communication Early On Don’t wait, quickly stop by their office to personally introduce yourself. Don’t be bubbly and overflowing with youthful angst, just relax and act as professionally informal as possible. Now, try not to mention grades, period. Instead, focus on these three things. Your Goals: Your goals are what you intend to learn from the professor. Don’t dehumanize them by only referring to â€Å"class.† Their Goals: Let them know you appreciate their position and knowledge without kissing their backside. Make it clear that it is your intention because you would like to impress them and get to know them better. There’s absolutely nothing wrong with this, and they know it. Keep it Short: No long-winded conversations for your first couple visits. Keep it short and stay well behind the informal boundary. A couple minutes is all it takes to make a great impression. 4. Don’t Ask to Be Called On Your professors should know you’ve got your act together. You study, you take the course seriously, you intend to get to know them better and you’re a star player. But, never make this obvious in class and NEVER try to upstage the professor in front of students. Wait: Don’t be a jabber jaw and or a Mr. Know it all. Why speak in class if you’re not called on? What’s the point? Are you really going to argue with someone and de-rail the professor’s plan for class? Defer: Instead of hogging the class conch, say what you need to say to make a good point and then pass it along. Do what you can to let other people keep the lime light. Listen: Keep your ears open and listen to the issues, concerns and problems that other students are having. This information can come in handy. If the professor sees you making their job easier, they’ll notice you for it. 5. Be Human Ask for Help If you’re having a hard time, or going through a crisis, don’t complain in class or complain to other students in the class. Instead, bring your very human issues to your equally human professor. Oftentimes they will bend over backwards to help students that need and ask for it without being a pain. Hope this helps. Remember, your professors are like windows into professional worlds. Don’t neglect them and do what you can to form mutually beneficial connections. So, what have you done to get closer to your professors? What’s working or not working for you?

Dangers of Childhood Obesity Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Dangers of Childhood Obesity - Research Paper Example This increase has also been coupled with illnesses and medical conditions associated with obesity among children and it has become a matter of grave concern. The result of the increase in the prevalence in childhood obesity have been increasing calls in the political arena for more legislation to be passed at the state level to ensure that this problem is brought under control. Furthermore, Mitgang states that the appropriateness of these legislative interventions have, however, been brought into questions especially when one considers that it might be an infringement on the rights of individuals. There have been arguments for direct intervention by the state governments because a large number of obese children tend to also develop other medical complications related to their condition. Among these complications are diabetes, hypertension, as well as the risk of cardiovascular diseases which make it more difficult for the public health sector to shoulder the burden of dealing with th ese children. While this may be the case, despite the wide support for there to be legislative interventions to curb childhood obesity, there are some who believe that interventions should be limited to such instances where obese children are at a short-term risk of loss of life, or when it is judged that their condition might cause serious harm to them. Therefore, according to Mitgang (2011) in current political and medical circles, there has been a proposition for the development of a specific standard for intervention which involves the adoption of a case by case study with the intention of determining the risk factors of health problems for children with obesity. The first of these is that healthcare practitioners have to determine the severity of a child’s illness associated with obesity because this is the only way through which the risk to his health can be

Personal values Essay Example | Topics and Well Written Essays - 1000 words

Personal values - Essay Example This is of specific reference for me as I believe that the advantages of a diversified workforce can provide various benefits to an organization as a whole. This is due to the fact that each culture has its own positive input into the business mix, if managed correctly. This appears to be the case, as the performance appraisals reveal that a more nurturing and encouraging environment is evident from the analyses of these appraisals. The entire customer service ethos within Kudler is remarkable, as this is revealed in the mission statement of the company. Issues such as professional courtesy are of specific relevance, in terms of their customer care. In my appreciation of these factors, I am in total agreement of the customer service aspect as the correct treatment of the customer can, and normally does contribute to the business’ success and overall profit. Incorporated in the consumer care, Kudler continues to strive for additional choices of products for the customer, and although at times this may prove to be expensive in terms of the cost of holding the inventory, it will rather encourage the repeat customer as well as the addition of new customer seeking such a large variety in terms of their shopping requirements. The fact that the Kudler organization is a small business and is poised for growth, contributes to my personal value of growth. This represents an opportunity for growth and advancement within the business, as it expands and opens more stores across California and further when they decide to expand beyond the Californian borders. This in turn will offer the opportunity of progressing from a junor management role into a more senior management position as the company expands. This ties in with my personal value of personal growth, which can be applied as the organization grows into a larger and more expansive retail operation, as it grows towards the planned San Francisco store and expansion. Additionally

Pretty Woman Vs. Pillow Talk :: essays research papers fc

The marriage plot has been quite prominent in the film industry over the past few decades. The plot that is characterized by its lead woman â€Å"getting† the lead man and vice versa, has contributed to such movie blockbusters as Pretty Woman and the classic film, Pillow Talk. While both films can be classifies as containing marriage plots, the films share other similarities as well. However, in regards to the marriage plot, Pretty Woman follows the pattern much more fluently and precisely that does Pillow Talk.   Ã‚  Ã‚  Ã‚  Ã‚  Both Julia Robert’s and Doris Day’s characters, Vivian and Jan, respectively, are strong women in their films. They both contain quite a few characteristics such as boldness, confidence, and intelligence that make them very attractive and desirable to their male counterparts. While their professions are quite opposite, the women are similar in their personalities. Jan is an interior designer and her history with men is not troublesome or lacking, but like Vivian, the prostitute, she finds that men are sometimes after only one thing. I noticed that both women are extremely confident when it comes to dealing with men; they both know what they want and what the are looking for in a male companion.   Ã‚  Ã‚  Ã‚  Ã‚  The men in these two movies are quite similar as well. Both Rock Hudson and Richard Gere play two powerful men who are popular with the ladies. Although Hudson’s career, a musician, is not typically â€Å"powerful† it does contain benefits and certain contacts that could be considered powerful. These two men both start out with the women practically chasing them. Vivian is paid to be Edward’s (Gere) â€Å"beck and call† girl, and does so willingly not just for the money, but because she is also mesmerized by his coyness, charm and good looks. Jan is attracted to Rex (Hudson) because he is also shy and coy and very handsome as well. Both women are interested in their counterparts for the particular reason that they are not men they typically meet. These men are respectful and somewhat quiet and shy. Each plot takes a turn towards the end of the movie when the women leave them, each for different reasons. Ironically and typical of the mar riage plot, it then become the man chasing the woman. He is to prove his worthiness to her and to dismiss her conclusion that he, in fact, is like all other men they have encountered.

CASTLE’S FAMILY RESTAURANT: HRIS NEEDS ASSESSMENT Essay

Introduction Jay Morgan, an Operations and HR Manager for Castle’s Family Restaurant has asked Preston’s HR consulting firm for a HRIS application proposal that will reduce the time spent traveling between the Castle’s Family Restaurants eight restaurants in the northern California area and help him complete his HR tasks in a cost-effective manner while allowing Mr. Morgan to do part of his HR tasks from his office. The following paragraphs provide a business assessment, detailing the type and size of Castle’s Family Restaurant, the identified HR problems, and a HRIS needs assessment. I have concluded with a brief overview and closed with why a HRIS application is the right strategic choice for Castle’s Family Restaurant. Business Assessment Castle’s Family Restaurant is part of the restaurant industry which according to the National Restaurant Association (2013) is now 13.1 million employees strong, and expected to increase 9.8 percent to 14.4 million by 2023. Castle’s Family Restaurant’s mission is to promote customer loyalty by providing outstanding quality, service, cleanliness, and value and to promote employee loyalty through leadership training, promotion, benefits, and rewards. Castle’s Family restaurant currently employee’s approximately 300-340 employees of which 40% is full time; in the eight restaurants owned in the northern California area. Currently Jay Morgan is both operations  manager and HR manager for the eight restaurants in which time and money is spent traveling between the eight restaurants to manually complete each restaurants HR tasks. Sales have shown improvement over the past ten years since Castle’s Family Restaurant opened up their doors, but contin ue to struggle with employee satisfaction that accounts for the increased turnover rates the company has experienced in the past two years. It is the mission of the company to not only satisfy their customers needs but also their employee’s and therefore it is imperative that the necessary means be taken to decrease the increased employee turnover rates. Identified Problems Castle’s Family Restaurant’s concerns over the past two years are with the increased employee turnover rates. Even though sales have increased Castle’s Family Restaurant is concerned with future revenue and profitability, low workplace moral, and deteriorating product and service quality which are negative impacts from high employee turnover rates. In order to reduce turnover rates more attention must be given to employee training, promoting, benefits, and rewards. Right now Mr. Morgan is spending time and money traveling among the eight restaurants in order to manage scheduling, recruiting, hiring, payroll, and answering employee’s questions; leaving little to no time for developing the employee’s. By automating HR tasks Mr. Morgan can travel less, spend less, and have more time developing the employee’s which in turn will reduce employee turnover rates. Scheduling software can help automate the process of assigning the right number of emplo yees to perform the tasks that need to be performed on each workday and during each meal service. Workflow software will aid in the hiring process by allowing applicants to fill out applications online, upload documents, and allow criteria’s to be set weed out prospects. Even though one-on-one training is important, technology can be used to track the development of employees and also be used in ways of training videos and manuals. Automating payroll will reduce the time spent on them and help avoid mistakes that can lead to legal repercussions. Specialized software exists for both payroll calculation and tips reporting; which exist in the restaurant industry. Such software can help Mr. Morgan by automatically calculating payroll while remaining in compliance with the relevant legislation, make it easier to enter payroll data into databases where it  can be searched, and save time that would’ve been wasted on manual calculation. Payroll software can also help with ot her measures such as directly depositing paychecks into employees’ bank accounts. Though, I believe that each HR tasks listed above could benefit the company if automated, it is in the best interest of Mr. Morgan and Castle’s Family Restaurant to automate payroll to reduce errors and compliance issues and also free up some time which can be used for employee development. HRIS Needs Assessment Currently Mr. Morgan uses Excel spreadsheets and a computer application to print payroll checks. He spends on the average eight hours to process payroll for the approximant 300-340 Castle’s Family Restaurant employees. Without schedule software each manager at the eight restaurants have to print weekly schedules and make changes as necessary throughout the week; increasing errors. Mr. Morgan enters the schedules in the Excel spreadsheets which he relies on his knowledge of Excel to make the correct calculations. An automated time keeping system will track employee hours and pay hourly employees accordingly; it will also allow Mr. Morgan to import employee hours into payroll software which will compute the time worked; which saves Mr. Morgan time from having to manually calculate employee’s payments and deductions. Automated payroll is also a record keeper which the â€Å"IRS requires employers to keep employment tax records for a minimum of four years. Furthermore, the U.S. Department of Labor requires payroll records to be kept for at least three years† (Grace, 2014). With a HRIS application Castle’s Family Restaurant can connect all eight restaurants in the northern California area. HRIS will assist Castle’s Family Restaurant in two major areas: recording and recruiting. HRIS will allow the company to invest more time and money in their most valuable resource their employees. Conclusion It is without a doubt that Castle’s Family Restaurant is in need of Automating HR tasks in order to save time and money while keeping their customers and employee’s satisfied; because we all know that if the employee is not happy, neither is the customer. It is my suggestion that payroll be the first HR function to be automated. By Automating payroll time is saved,  errors are reduced; payments and deductions, and records are kept while keeping in compliance with state and federal regulations. Reference Grace, N., (2014). What are the Benefits of Automating a Payroll System? Chron. Hearst Newspapers. Retrieved from http://smallbusiness.chron.com/benefits-automating-payroll-system-2126.html National Restaurant Association. (2013). Jobs & Careers Powerhouse. Retrieved from http://www.restaurant.org/Industry-Impact/Employing-America/Jobs-Careers-Powerhouse

The Many Functions of The Brain Essays - 1242 Words

The Many Functions of The Brain The brain has many functions in which it helps process and understands information. One aspect of the brain is its memory. Memory is there so information can be used to understand what is happening around someone. The function of memory is somewhat of an enigma to many scientists. How does the brain store and retrieve such information and at such high speeds? Although it is hard to conceive the actual machine working behind memory scientist have been able to figure out the physiology behind this process. The brain is composed of millions of neurons. Communication between these neurons is by using nerve impulses from the axon of one neuron to the dendrites of another. This is called a synapse. All†¦show more content†¦Such diseases are called agnosia and dissociative disorder. In order to understand these problems one must understand the different parts of memory and what is affected. There is much evidence of the existence of short and long-term memory. Most diso rders of the mind stem from the inability of the mind to transfer signals from short to long-term memory. Memory is conceived as a transfer of information between short-term and long-term memory. What factor must be present in order for a person memory to work incorrectly? An average person forgets things on a regular basis and that can be attributed to the breakdown in information transfer in the brain. Scientist explains that the best way to remember things is by rehearsal. Through this technique people can remember information presented with a higher rate accuracy. However this leaves little or no evidence to the reason of why people forget things. This is attributed to a break down in the transfer of memory. Short-term memory is broken down into three main parts. These parts are also broken down into a few sub categories. The three main parts in short-term memory are visual STM, auditory STM, and working memory. 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