Give recommendation to Partners Assignment Example | Topics and Well Written Essays - 500 words

Give recommendation to Partners - Assignment Example In comparison, the second investment is a high interest saving account that provides 2% on a daily compounding basis for a six monthly investment. When compared through the effective rate of interest, the high interest saving account only provides up to 0.02% higher than the nominal interest rate of 2%. The two short term investments were then evaluated through future value analysis as well. The future value calculated for the Certificate of Deposit came out to be $2,030.15 which is $30.15 higher than the present value of $2,000 invested at the beginning of the six month period. In comparison to the Certificate of Deposit, the future value earned in the high interest saving account was $4,020.05 which is only $20.05 higher from the investment amount which was $4,000 for six months. This clearly indicates that the Certificate of Deposit is a better short term investment opportunity for the organization than the high interest saving account. There are various analyses which can be conducted on short term investment opportunities. A number of opportunities can be utilized in a combination as well to provide large savings for the organization. The main concept behind any short or long term investment is the investment objectives of the organization. If the organization believes in liquidity and requires ready cash then the best options would be those that help liquidate investments immediately. In that context high interest saving accounts may be a better choice than certificates of deposit, if high interest saving accounts do not have a conditional drawing clause. On the other hand, if the organization believes in saving rather than liquidity, then certificates of deposit would be a better choice in the short term where the money is fixed and cannot be drawn for the next six

Google Documents Essay Example | Topics and Well Written Essays - 250 words

Google Documents - Essay Example It eliminates the need to e-mail documents to share with others and it can also be edited online by the shared users of the documents. The secured Google’s server is another great advantage of using the application and storing data without any worry of losing data due to hard disc crash or from virus attack (Electronic Portfolios, 2011). How to do things In order to use Google Documents the user need to have a Google Account. After logging into the system the user will be able to see the documents as show in the figure given below: Figure 1: Google Documents Window (Source: Mackenty, n.d. p. 2) The user will be able to create new documents; new spreadsheets and can also upload files from their own computer to the web database. Google docs are saved with tags which help to sort documents whenever needed by the user. Use of Google Documents Google Docs application can be used by any people ranging from students, coworkers or even for personal use like tracking daily works. Stude nts can use it to work in a collaborative manner for group projects. Teachers can use the application for keeping track of the grades and attendance or any data (Electronic Portfolios, 2011). Coworkers in an organization can use to share documents amongst themselves.