Sunday, May 24, 2020

The Contributions of Isaac Newton Essay - 863 Words

Isaac Newton was born in England in 1642. He grew up never knowing his real father but resenting his step father. At age 19, Newton went off to Trinity College in Cambridge where he studied philosophers and astronomers such as Descartes, Galileo, Kepler, and Copernicus. It was here; while he obtained his degree, that Newton devised the theory of Calculus. He obtained his degree in 1665 and then dedicated his time to the binomial theory and Calculus.1 By 1666 Newton was the most advanced and enlightened mathematician our world had yet to see.2 Newton wrote in these beginning years as a physicist, â€Å"the nature of things is more securely and naturally deduced from their operations on one another than upon the senses; our explanation†¦show more content†¦3 * This statement contains two parts; the first being that which predicts the motion of a non moving object and the second being that which predicts the motion of moving object. * Here are a few examples of Newton’s first law: 5 o Dropping the handle of a hammer onto a hard surface in order tighten the head of the hammer more securely to the handle. 5 (This picture was taken from http://www.physicsclassroom.com/Class/newtlaws/U2L1a.html) o Catching a stick in the spokes of your bicycle while riding and being sent flying over the handle bars. 5 o Turing a mustard bottle upside down and slamming it down on the counter suddenly to bring the mustard to the cap so you can put it on your sandwich. 5 Newtons Second Law If a 50 kg man is making his way down the mall at a brisk pace of 2 meters per second what is the force acting on him? How do we go about solving this? Well according to Newton’s Second Law, the change in momentum is equal to the force. In other words force is equal to mass timesShow MoreRelatedThe Contributions of Isaac Newton Essay1128 Words   |  5 PagesIsaac Newton was an English Physicist, Mathematician, Astronomer, Philosopher, Alchemist and a Theologian. He can be seen as one of the most influential men in history, as well as one of the greatest scientists ever lived, for all of his contributions, discoveries and hard work. He was very influential in the Sciences, many are tied together with one another; he also made a great contribution to Astronomy. Isaac Newton was born January 4, 1963 in Woolsthrope, Lincolnshire. He died March 31, 1727Read More The Contributions of Isaac Newton Essay990 Words   |  4 PagesSir Isaac Newton was a profound mathematician and physicist, one of the primary scientificintellects of all time. For almost 300 years, Newton has been known as the leader in scientific achievements of modern physical science as well as mathematical research. Dedicated to learning and experimenting, Newton also plunged into chemistry, early history of Western Civilization and theology, and a concentration of special studies in forms and dimensions, which also included Solomons Temple in JerusalemRead MoreEssay on The Contributions of Isaac Newton973 Words   |  4 Pages Sir Isaac Newton is considered by many people to be the greatest scientist that ever lived. He made key fundamental contributions to mathematics and physics. His revolutionary advances in math, optics, physics, and astronomy are bases for the princ iples we use today. A little known fact about Newtons legacy is that if you look in an encyclopedia of science, it will reveal at least 2 to 3 times more references to Newton than any other individual scientist. Newton was bornRead MoreThe Endless Contributions of Isaac Newton Essay1442 Words   |  6 PagesSir Isaac Newton once said, â€Å"We build too many walls and not enough bridges.† Aside from his countless contributions to the worlds of math and science, this may be his most important quote because it is what he based his life on—building bridges of knowledge. Throughout his life he was devoted to expanding his and others knowledge past previously known realms. Often regarded of the father of calculus, Newton contributed many notable ideas and functions to the world through his creation of calculusRead MoreThe Contributions of Isaac Newton to The Scientific Revolution1064 Words   |  5 Pages The Scientific Revolution laid down a foundation in which modern science is heavily based on. An influential figure of the Scientific Revolution is Sir Isaac Newton. He made many advancements in the field of science and mathematics, he discovered Gravity, developed the t hree basic laws of motion, and co-development of Calculus. Isaac Newton did several thing that positively affected the scientific community during the Scientific Revolution and still affect society today, he recognized the threeRead MoreThe Contributions of Isaac Newton Essay1120 Words   |  5 Pagesthings including mathematics. Among them was Isaac Newton (1642-1727) who co-invented calculus, discovered the Binomial Theorem, and formulated a theory of universal gravitation (Smith). Newton has been regarded for almost 300 years as the founding exemplar of modern physical science, his achievements in experimental investigation being as innovative as these in mathematical research. Before discussing his three achievements, it is important to note that Newton had some college experience but did hisRead MoreThe Contributions of Isaac Newton Essay1342 Words   |  6 Pages Sir Isaac Newton was a well educated person. He wrote on many topics including math, science, religion, and even philosophy. He also held many high ranking positions such as a member of the Royal Society and being the Master of the Mint. Information about his life and achievements will be discussed in the following paragraphs, along with how the achievements relate to the humanities base theme of faith and reason. Sir Isaac Newton was born on Christmas Day in 1642. This is theRead More The Contributions of Isaac Newton Essays1626 Words   |  7 Pages Isaac Newton was born in Lincolnshire, on December 25, 1642. He was educated at Trinity College in Cambridge, and resided there from 1661 to 1696 during which time he produced the majority of his work in mathematics. During this time New ton developed several theories, such as his fundamental principles of gravitation, his theory on optics otherwise known as the Lectiones Opticae, and his work with the Binomial Theorem. This is only a few theories that that Isaac Newton contributed to the worldRead MoreThe Contributions of Isaac Newton Essay1352 Words   |  6 PagesNature and natures laws lay hid in night: God said, let Newton be! And all was light. - - Alexander Pope The Enlightenment characterizes a philosophical movement of the 18th century that emphasized the use of reason to analyze and scrutinize all previously accepted traditions and doctrines. Through this application of scientific method to all aspects of life, the role of science gradually replaced the role of religion. Sir Isaac Newton, quite possibly one of the most intelligent men to existRead MoreThe Contributions of Isaac Newton Essay830 Words   |  4 PagesOf all of the early scientists of the scientific revolution I am most impressed by Sir Isaac Newton. Newton is important because he contributed more to the development of science than any other person in history. Isaac Newton is remembered as the greatest scientific genius who ever lived. His discoveries about physics, light, and mathematics changed the world. I am even more impressed by what he overcame to reach his goals. He came to surpass even his own expectations

Wednesday, May 13, 2020

Lung Cancer The Deadliest Form Of Cancer Essay - 1183 Words

Lung cancer is the deadliest form of cancer in the United States. It kills more men and women than a number of cancers combined. The disease has many risk factors that affect the chances of obtaining it. The leading risk factor is one that can be avoided, that is smoking. This paper will look at methods to find, diagnose and treat lung cancer. It will show ways to reduce chances of getting lung cancer and also look at preventive methods used. Description of Lung Cancer Lung cancer can be divided into two different types, small cell lung cancer and non-small cell lung cancer. Small cell lung cancer is the least common type and is mostly found in those that smoke a lot. It is also the most deadly because of the rapid growth it exhibits. Non-small cell lung cancer is a general term for many different types of lung cancer. These types are: squamous cell carcinoma, adenocarcinoma and large cell carcinoma. (Mayo Clinic, 2015) Lung cancer solely attacks the lungs but could metastasize further. Signs and Symptoms One factor that makes lung cancer so deadly is the fact that in the early stages there may not be any signs or symptoms. These will gradually occur on advancement of the cancer. Signs and symptoms that may occur are: a new cough that does not go away, any changes in a chronic cough, hemoptysis, dyspnea, chest pain, wheezing, hoarseness, weight loss without effort, pain in bones and a headache. (Mayo Clinic, 2015) Risk Factors There are manyShow MoreRelatedThe Effect Of Nanoparticles On Lung Cancer1323 Words   |  6 PagesThe Effect of Nanoparticles on Lung Cancer As time has gone on, the search to find a cure to lung cancer continues to this day. Researchers and scientists have spent years constructing numerous labs and tests trying to find an answer to the age old disease that has taken the lives of thousands. Lung cancer involves the rapid growth of unknown cells in the lung region. Unfortunately, similar to many other forms of cancer, it is difficult to detect symptoms at an early stage. In most cases, patientsRead MoreIn Breast Cancer, The Estrogen-Estrogen Receptor Complex1430 Words   |  6 PagesIn breast cancer, the estrogen-estrogen receptor complex cause cell proliferation (Frank, 2013). Hormone therapies can target the effects of hormones in two ways: 1) by stopping the production of estrogen and testosterone, reducing their levels, and 2) by binding to the hormone receptor and blocking the hormone from binding (Frank, 2013). In breast cancer, drugs such as Lupron â€Å"prevent the ovaries from making estrogen by blocking cues fr om the brain that regulate the ovaries† (Frank, 2013). In prostateRead MoreBanning Cigarettes Should Be Made Illegal1027 Words   |  5 PagesThe Deadliest Addiction Every year, cigarette smoking kills more than 480,000 Americans, with more than 41,000 of these deaths from exposure to secondhand smoke1. With the United States constantly passing new laws to protect us, you would imagine that with this huge statistic, banning cigarette sales and distribution would be a main priority. Not only is the person smoking harming themselves, but people are also getting cancer from second hand smoke when they’ve never picked up a cigarette in theirRead MoreArticle Review On Information About Cancer Essay1073 Words   |  5 PagesInformation About Cancer By Brijesh Ghelani | Submitted On January 13, 2011 Recommend Article Article Comments Print Article Share this article on Facebook Share this article on Twitter Share this article on Google+ Share this article on Linkedin Share this article on StumbleUpon Share this article on Delicious Share this article on Digg Share this article on Reddit Share this article on Pinterest Expert Author Brijesh Ghelani Though we have all heard the term Cancer through many sourcesRead MoreNutrition, Exercise and Cancer Prevention Essay1374 Words   |  6 PagesAmericans will be diagnosed with cancer this year, and some 560,000 will die from the disease† (Exercise and Malignancy 5). Many individuals and families have fought the battle of cancer for a number of years. There is not yet a perfect cure for this number one deadliest disease, and it is unknown how long it will take to find one. While many risk factors of developing cancer cannot be changed such as genetics, environmental carcinogens (substances that cause cancer), or a certain number of hormonesRead MoreThe Effects Of Tobacco On The Society1453 Words   |  6 Pagesindians. Tobacco was one of the first crops grown for money. The amount of pollution and harm the tobacco and cigarette companies cause every year is alarming. Tobacco is hurting the country through pollution, cancer causing chemicals, and debris of tobacco products. â€Å"The cigarette is the deadliest artefact in the history of human civilisation† (Proctor). Cigarettes are harmful to everyone, including the environment, and anyone near a cigarette smoker or someone who abuses tobacco. If tobacco companiesRead MoreIs Cancer A Genetic Disease?2353 Words   |  10 PagesIntroduction Cancer is one of the oldest genetic diseases known to man. Since the evolution of mitosis as a means for cell division and the development of multicellular eukaryotes - like humans and their biological progenitors - mutations in normal cell maturation and proliferation have resulted in various types of cancers, some benign but many of which exhibit great malignancy (Hajdu, 2011). Cancer, and one of its more common forms carcinoma, is characterized as a genetic disease where by mutationsRead MoreSmoking Essay1452 Words   |  6 Pagesdid or even buy. For them it was that box of cigarettes. http://www.dailymail.co.uk/news/article-2285666/Debi-Austin-dies-Woman-famous-anti-smoking-commercial-dies-throat-cancer.html First of all, smoking has been told to be one of the deadliest possessions a person could have but, it has been an issue for most people stop. Cigarettes are known to harmfully destroy almost every organ in your body. To get into more in depth about it, Cigarettes are a little small cylinder component madeRead MoreCancer Rates And Lifestyle Choices1981 Words   |  8 PagesCancer Rates and Lifestyle â€Å"Cancer has become one of the most devastating diseases world-wide—every year about 10 million people are diagnosed with cancer and, of these, more than 7 million will die of this disease† (Panno 91). Cancer rates are at an all-time high and are an increasing issue in our world today. Specific races are not susceptible to cancer, but regions are. The lifestyle choices being adopted throughout the world are a direct cause of the recent increase in cancer rates and cancerRead MoreApproximately 42 million (18.1% of population) people smoke in the United States (CDC(a), 2014).2200 Words   |  9 Pageshas long been associated with lung cancer, chronic obstructive pulmonary disease (COPD), cardiovascular disease, and various oral health diseases (CDC(b), 2014). Much of the risks currently known about smoking can be attributed to the landmark Smoking and Health: Report of the Advisory Committee to the Surgeon General of the United States published in 1964. The report was the first of its kind to comprehensively conclude that cigarette consumption caused lung cancer and bronchitis (HHS, 2014). This

Wednesday, May 6, 2020

The Effects of Sleep Deprivation on Various Free Essays

Sleep deprivation is a common occurrence in modern culture. Every day there seems to be twice as much work and half as much time to complete it in. This results in either extended periods of wakefulness or a decrease in sleep over an extended period of time. We will write a custom essay sample on The Effects of Sleep Deprivation on Various or any similar topic only for you Order Now While some people may like to believe that they can train their bodies to not require as much sleep as they need, this belief is false. Sleep, by definition, is the natural periodic suspension of voluntary bodily functions and complete or partial suspension of consciousness, during which the powers of the body are restored (Ratcliff Van Dongen, 2009). Only in the last century have the psychological and scientific areas of study began to investigate and explore the nature, purpose, and properties of sleep. The purpose of this essay is to analyze the value and effect of sleep deprivation on cognition. The majority of articles describe partial sleep deprivation as having negative effects on cognitive, behavioural, physiological, and emotional measures. From this information, it is derived that various cognitive abilities will affect productivity and performance. Therefore, it is hypothesized that sleep deprivation affects cognitive, behavioural, physiological and psychological measures because it increases and worsens stress, impairs cognitive function and emotional stability. How an individual responds to sleep loss, whether it is partial deprivation (sleeping less than 5 hours in one 24-hour period), short-term total sleep deprivation (no sleep for 24-48 hours),and long-term total sleep deprivation (no sleep for more than 48 hours) can vary. Ratcliff et al. 2009) indicate that sleep deprivation has been shown to impact negatively on a wide range of cognitive abilities, such as behavioural, physiological and emotional. For example, mood changes including irritability, fatigue, difficulty in concentration, and disorientation to short-term memory alterations are due to decreased attention, concentration lapses, and decreased motivation. Similar results were published by Alhola polo-Kantola (2007). The study concluded that the person deprived of total sleep experiences negative mood, sleepiness, fatigue, and decline in alertness and performance. Some sleep-deprived individuals report visual hallucinations or distortions and feelings of paranoia. Systematic studies of total sleep deprivation have revealed some temporary cognitive deficits but no permanent effects. Kloss, Szuba Dinges (2002) discovered the most significant effect of sleep loss is the physiological sleepiness, or the tendency to fall asleep when there is a lack of stimuli. Sleepiness becomes extreme after the loss of a single night of sleep. Without competing stimuli, an individual lacking a night’s sleep can fall asleep within 2 or 3 minutes the next day. This can cause dramatic affects on productivity. After about 48 hours without sleep, microsleeps become increasingly more common even when participants are physically active (Kloss et al. , 2002). Microsleeps are essentially several seconds of actual sleep with delta waves that interrupt the regular EEG of a person who is awake, which impairs his or her continuity of cognitive function (Kloss et al. , 2002). Therefore, as sleepiness increases, an individual must increase effort to maintain a stable level of performance because microsleep generally happens directly before performance failure occurs. In addition to the impairment of cognitive functions, adult symptoms of sleep deprivation may vary from those of a child. Yawning constantly, dozing off while watching a television show, poor concentration and grogginess while waking up are some of the symptoms adults display when they are deprived of sleep (Dahl, 1999). The symptoms of a sleep-deprived child include irritability, daytime naps, tantrums, hyperactive behaviour, and moodiness. Getting out of bed in the morning is a problem for children who experience sleep deprivation. Adolescents also experience a change in their sleep patterns that their bodies want to stay up late and wake up later, which often leads to them trying to catch up on sleep during the weekend (Dahl, 1999). This sleep schedule irregularity can actually aggravate the problems and make getting to sleep at a reasonable hour during the week even harder. According to Dahl (1999), following sleep loss and hyperactive behaviour, changes in attention and performance also represent a complex area of investigation in children and adolescents. Sleep loss is associated with brief mental lapses in attention during simple tasks that can be partially offset by increased effort or motivation. Sleep deprivation can sometimes mimic or exacerbate symptoms of Attention-Deficit Hyperactivity Disorder (ADHD), including distractibility, impulsivity, and difficulty with effortful control of attention. There is also emerging evidence that sleep deprivation has marked influences on the ability to perform complex tasks or tasks that require attention in two or more areas at the same time (Dahl, 1999). Therefore, a teenager should try to go to bed at the same time every night and wake up at the same time every morning, allowing for at least 8 to 9 hours of sleep. On the other hand, many people are suffering from daytime sleepiness so pervasive that it interferes with their daily activities because they do not get the optimal amount of sleep they their bodies need. Lack of sleep and sleep problems can have serious, life-threatening consequences, as well as a significant impact on productivity (Alhola et al. , 2007). Many people suffering from routine sleep loss are not even aware of it, and many who do realize they are not getting enough sleep are not aware of what it is costing them. Sleep loss creates sleepiness, which can be associated with decrements in vigilance, reaction time, memory, psychomotor coordination, information processing, and decision-making (Rosekind et al. , 1996). With increasing sleepiness, individuals demonstrate poorer performance despite increased effort, and they may report indifference regarding the outcome of their performance. Even severely sleep deprived people are still able to perform to some degree on a verbal learning test. This implies that some other area of the brain must become active to compensate for the loss of temporal lobe functioning. Even though they can perform to some degree, sleep deprived people still do not perform as well on these tests as do fully rested subjects Rosekind et al. (1996) illustrate that not getting enough sleep affects the people in several ways, such as problem solving skills are impaired. Sleep loss noticeably impairs our ability to comprehend apidly changing situations, increases the likelihood of distraction, makes us think more rigidly and less flexibly, and reduces our ability to produce innovative solutions to problems. In addition, our communication skills also suffer because sleep loss reduces the words in vocabulary both verbally and in writing (Rosekind et al. , 1996). Learning and memory suffer as sleep loss diminishes scores on tests of memory, verbal fluency and overall creativity (Rosekind et al. , 1996). Therefore, if a person is not able to get a full night’s sleep after learning something new, he will not remember the new knowledge well. He will not fully assimilate the new ideas or task until he is able to go through a complete night of uninterrupted sleep cycles. In relation to our communication and memory skills, being sleepy on the job, whether the cause is simple sleep deprivation or an undiagnosed or untreated sleep disorder, can also have a vital impact on how well workers can do their job. For example, night-shift workers have poorer daytime sleep, reduced night-time alertness and performance, and an increased accident rate (Williamson Feyer, 2000). Since sleep deprivation causes individuals to feel so sleepy during the day, their concentration and performance suffer significantly. For example, sleep deprivation often leads to an increase in the incidence of motor vehicle accidents. One study found that individuals suffering from fatigue due to sleep apnea are six times more likely to have a motor vehicle accident than persons who are not suffering from fatigue (Williamson et al. , 2000). This is partly due to the person being groggy or sleepy due to lack of rest. It is also partly due to the fact that sleep deprived people tend to fall into sleep for very brief periods at unforeseen times. They also are more disposed to industrial accidents than non-apnea workers (Kloss et al. , 2002). Therefore, there is a direct connection between sleepiness and impaired hand-eye coordination. The degree of impairment has led researchers to compare it in severity to drunkenness and this can be represented by having an untreated sleep disorder such as insomnia, narcolepsy, or sleep apnea significantly increases the risk of having a motor vehicle accident. Since sleep deprivation increases the likelihood of having a motor vehicle accident, sleep is needed to regenerate certain parts of the body, especially the brain, so that it may continue to function optimally (Landsness et al. , 2009). After periods of extended wakefulness or reduced sleep neurons may begin to malfunction, visibly affecting a person’s behaviour. Some organs, such as muscles, are able to regenerate even when a person is not sleeping so long as they are resting (Landsness et al. , 2009). This could involve lying awake but relaxed within a quite environment. Different parts of the brain are rested and regenerated during different phases of sleep. During some phases of sleep, the neurons in the cerebral cortex regenerate (Landsness et al. , 2009). If sleep is interrupted so that this regeneration cannot occur, speech may be affected, since the temporal lobe of the brain is what controls speech (Alhola et al. , 2007). People who do not get enough sleep often have slurred speech. There is also measurably less activity in their temporal lobes than in those of well-rested people (Alhola et al. , 2007). During Rapid Eye Movement (REM) sleep, memories are consolidated and categorized by the brain (Ellenbogen, 2010). New synaptic connections are also formed during REM sleep, aiding learning. If REM sleep is cut short, long-term memory may be affected and new knowledge might not be retained (Ellenbogen, 2010). Conversely, short-term memory might be better in the sleep deprived person because the part of the brain that controls short-term memory contains memories that are still fresh. In order to counteract sleep deprivation effects, the brain works harder but the effectiveness is low. There is a drop in the concentration level and it affects memory too (Lim Dinges, 2010). The effects of sleep deprivation include slurred and fragmented speech and slowing down of mental reaction time. Problem solving and decision making abilities of the brain are affected. Due to rigid thought patterns of the brain, new problem solving ideas do not get generated, and hallucinations are common for people who have insufficient rest (Kloss et al. , 2002). Sleep deprivation causes deterioration in emotional mood of human beings. Irritability and short temper are two common symptoms of sleep deprivation (Dahl, 1999). Consequently, emotional outbursts and even violence are noticed among people who are deprived of sleep because of a loss of emotional control (Dahl, 1999). Sleepiness leads to rise in stress and anxiety levels of these individuals. Stress and anxiety in turn will lead to insomnia and this kind of vicious cycle will lead to anxiety disorders and depression, if left unchecked. Our emotional moods are affected by exhaustion and fatigue. This condition in turn will lead to pessimism, sadness, stress and anger (Jennings et al. , 2003). To function effectively, the frontal cortex of our brain needs sufficient sleep. The ability to control speech, problem solving and accessing memory is all controlled by the frontal cortex and if there is not enough rest, these abilities are affected (Landsness et al. , 2009). One thing is for certain, that chronic sleep loss may lead to deterioration of mood and motivation, decrease in attention, energy, and concentration. It also causes an increase in fatigue, irritability, tension, anxiety, and depression (Jennings et al. , 2003). Any one of these consequences of sleep deprivation can seriously affect productivity and performance. There is no question about it that the problem of sleep loss and fatigue is one that impacts significantly on the professional and personal lives of all humans. In association to all these studies, the purpose of this essay was to analyze the importance of sleep deprivation on cognition. There is considerable evidence to support the hypothesis that sleep deprivation has negative effects on neurobehavioural (sustained attention, reaction time, and vigilance) and cognitive (memory and reasoning) performance in humans (Rosekind et al. , 1996, Williamson et al. , 2000, Kloss et al. , 2002 Alhola et al. , 2007). In some ways, sleep deprivation studies help us to study and understand the relationship between the brain and behaviour in a very unique way by observing how a person’s behaviour changes as the brain shuts down. Just like a person cannot jog for three continuous days, a person’s brain cannot operate without rest breaks. Since different regions of the brain rest during different stages of the sleep cycle, sleep cannot be cut short (Landsness et al. , 2009). Therefore, too little sleep can influence our intellectual capabilities, emotions, and motor performances, which creates major issues for sleep deprived drivers because they are falling asleep at the wheel. To reduce our behaviour in sleep deprivation, it is important for us to manage our activity so that we have more time to sleep. So, to have a good quality and quantity of sleep, time management is the key. How to cite The Effects of Sleep Deprivation on Various, Essay examples

Monday, May 4, 2020

The Investment Detective Case free essay sample

Actually, we can rank the projects by simply inspecting the cash flows. However, it is not a good method to rank the projects. In order to ensure that the investment projects selected have the best chance of increasing the value of the firm, we need tools to evaluate the merits of individual projects and to rank competing investments. In this case, our group using some tools which are Payback Period, Net Present Value (NPV) , Profitability Index (PI), and Internal Rate of Return (IRR). We are only using quantitative considerations that we think to be relevant and no other project characteristics are deciding factors in our selection of the best four projects. Payback Period NPV PI IRR Sum of Cash Flow Benefits Excess of cash flow over initial investment Project 1 6 years 22 days $ 73. 09 104% 10. 87% 3310 1310 Project 2 2 years ($ 85. 45) 96% 6. 31% 2165 165 Project 3 15 years $ 393. 92 120% 400% 10000 8000 Project 4 6 years 18 days $ 228. 82 111% 12. 33% 3561 1561 Project 5 7 years 1 month 20 days $ 129. 70 106% 11. 12 % 4200 2200 Project 6 1 year 0 100% 10% 2200 200. Project 71 year 10 months 20 days $ 165. 04 108% 15. 26% 2560 560 Project 8 6 years 14 days $ 182. We will write a custom essay sample on The Investment Detective Case or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 98 109% 11. 41% 4150 2150 When coming up with our calculations to rank the four best projects we have to take into account that each project is going to require an initial investment of two million dollars and in using historical data from other capital budgeting analysts in the firm, we assume that the appropriate discount rate is ten percent for our calculations. After calculating it, we have found the number for every tool on every project, and rank the projects. Even project’s ranking using different methods give a different ranking. Therefore, we are basing our rankings only from the results that we receive from our Net Present Value calculations because we feel this method to be the most consistent and it also takes into account all of the cash flows as well as the time value of money. Most important, The NPV measures how much wealth a project creates or destroys for shareholders. The NPV approach has the clearest link to maximize shareholder wealth and become the â€Å"gold standard† for evaluating investment opportunities. Because we are using the NVP method, the ranking of the project is: Ranking 1 Ranking 2 Ranking 3 Ranking 4 Ranking 5 Ranking 6 Ranking 7 Ranking 8 Project 3 Project 4 Project 8 Project 7 Project 5 Project 1 Project 6 Project 2 Therefore, the best four projects are Project 3 (NPV = $393. 92), Project 4 (NPV = $228. 82), Project 8 (NPV = $182. 98), and Project 7 (NPV = $165. 04) What kinds of real investment projects have cash flows similar to those in Exhibit? Project 1 is mostly similar to investment in a coupon bond, where you are able to get coupon payments periodically at the end of the period when you get the principal. Project 2 and 6 are most likely like the actual venture capital project where bulks of cash inflows occurs at the end while some of the cash inflows takes place at the beginning. Project 3 is related to zero coupon bond where you can purchase the bond at a specific price and you receive a big cash inflow at the end of the maturity period. The following projects 4, 7, and 8 are closely similar to an investment in machinery, which generates positive cash for you for a certain period of time. After a while, you can sell that off and receive some more cash. There might be some additional cash outflows initially to get the machinery going. Project 5 is similar to annuity in an machinery investment Recommendation Based on case analysis, we have already ranked the project and know the best four projects which are the projects that the company should accept. Ranking 1 is project 3 which is related to zero coupon bond. Ranking 2 until Ranking 4 are project 4, 8, and 7 which are an investment in machinery. We suggest that the company accept project 3 because it has the highest NPV which is $ 393. 92.