,Sarah L. G January 6, 2013 Written Assignment #1 1. A) $1,000 with 5% interest after 10 years gives you $1,628. Therefore, you would gain $628 in interest. B) If the interest is withdrawn each year, a total of $500 would be earned because the $1,000 investment would earn $50 of simple interest each year. C) The answers are different because if the interest is left untouched, it makes the principal amount higher each year, giving more money after 10 years.
While levels of airborne particles exceed the federal standard less than five times annually, because the California standard is set at a lower and more protective level, the Valley exceeds this limit an average of _____90-100__________ days per year. http://www.voicesofhumboldtcounty.com/?p=1607 According to this source… What caused most of the job loss in the San Joaquin valley? __The subprime mortgage crisis and housing implosion caused most of the job loss in the San Joaquin Valley.__ UOP studies have estimated that ______47,000__________ construction jobs were lost in San Joaquin Valley, as opposed to _______8,500_________ jobs in agriculture. True or False (italicize one): All of the agricultural jobs lost in the San Joaquin Valley were due to Endangered Species Act related cutbacks of pumping from the Delta. The UOP study estimated that 8,500 agricultural jobs were lost in the Valley due to cutbacks in water deliveries, but of those jobs, ______6,500_____ were lost due to the ______drought_______, and 2,000 were lost due to the ESA related
Peter Ferrara states that the “government’s own reports show that Medicare will run out of funds to pay promised benefits within the next few years”. Ferrara also says “that the current source of funding for Medicare will finance approximately one third of currently promised benefits to today’s workers”. Radical measures are definitely needed to preserve the Medicare program (Ferrara, 1997). The United States is facing a severe financial crisis because of the huge spending deficits and future spending for Medicare. The baby boom population of 79 million has started enrolling in Medicare in January 2010 and for the next 20 years an average of 10,000 citizens per day will reach the age of 65 (Smith,
STEPHEN JOYCE Student Loan Debt It was announced last summer that total student loan debt, at $830 billion, now exceeds total US credit card debt, itself bloated to the bubble level of $827 billion. And student loan debt is growing at the rate of $90 billion a year. There are far fewer students than there are credit card holders. Could there be a student debt bubble at a time when college graduates’ jobs and earnings prospects are as gloomy as they have been at any time since the Great Depression? The data indicate that today’s students are saddled with a burden similar to the one currently borne by their parents.
The median age for the population of Dyer County is 36.5 years of age. Looking back at the US Census report from the year 2000 the population was 38, 335 and has only increased by 765 residents over the last twelve years. This is not indicative of a growing community but of one that is maintaining the status quo. In researching the economic status of Dyer County, it is clear according to an article in the local newspaper, Dyersburg State Gazette dated November 1, 2011 that the unemployment rate for the county is 13.7 percent. This dire statistic earns Dyers County the title of the eight highest unemployment rate for counties in the state of Tennessee.
As of 2010, with the total population of the United States at 310.2 million individuals, White Non-Hispanic Americans are 64.7 percent of the United States population. While the second largest racial group in America is Hispanics with 16 percent of the population. According to the trends, the population is estimated to be at about 439 million in the year 2050. That's quite a rise in the population in the next 40 years (129 million) and who knows the impact it will have on our economy and job availability. It is also estimated that White Non-Hispanic Americans will be less than half the population at this point with 46.3 percent of the population being that race.
“This year, tuition and fees at Harvard are close to $52,000, including room and board, a price that has increased at about 5 percent annually during the past 20 years, well above the estimated 2.8 percent annualized increase in the consumer-price index, one gauge of inflation,” (Cohan) the cost of living on campus is increasing every year with no end in sight. So for those who don’t qualify for scholarships to help cover cost and have to take out loans for the whole cost of school thing wisely. After you graduate from college you will have loan payments monthly for years just like a car or house payment pending on the total amount of the loan, so living at home is going to save you big
According to the United States Census Bureau, roughly 55% obtain insurance through an employer, while about 10% purchase it directly. About 31% of Americans were enrolled in a public health insurance program: 14.5% (45 million – although that number has since risen to 48 million) had Medicare, 15.9% (49 million) has Medicaid, and 4.2% (13 million) had military health insurance (there is some overlap, causing percentages to add up to more than 100%). The percentage of non-elderly workers with employer-sponsored coverage has been falling, from 68% in 2000 to 61% in 2009, the latest year for which data is available. While the primary cause of falling rates of insurance is the rising cost of health care for employers, the economic downturn since
Professional athletes are getting paid more and more as time goes by, before it was $4.7 million now it’s more than $85 million and growing. While people in the U.S. don’t have enough food to eat and the police officers and fire fighters that put their lives at risk everyday don’t even get a quarter of that. Let’s take school teachers for an example they get $38,000 per year, well at least in the U.S. While the minimum starting salary for a basketball player, football player, hockey player and baseball player starts at around $109,000. Don’t you think
According to Greenstone and Looney, “median earnings, for men including those working and not working have actually declined by 19 percent since 1970.” In addition, they say “this means that the median man in 2010 earned as much as the median man did in 1964 — nearly a half century ago,” also, ”…since 2000, the earnings of the median woman have fallen by 6 percent.” This relates to the health care system because even though wages may not be increasing health care expenses are. A study conducted by the Kaiser Family,” shows that the average annual premium for family coverage through an employer reached $15,073 in 2011, an increase of 9 percent over the previous year.” In addition,” the cost of family coverage has about doubled since 2001.”(Greenstone and Looney) It is these circumstances which lead to the middles class family’s lack of health insurance