Memo

1. Find 2/two real life situations (preferably in an OECD country with low inflation rate and stable economic environment) in the last 50 years, when the time value of money played a critical role in the outcome of a situation.

Example: Susie took out a mortgage in 200X at rate of Y% and in 200Y rates went up to (Y+A) %. ..... the outcome was as follows.... or in 198X country Kiwi took out a loan of $X millions from IMF .... in 199Y interest rate went up.... the outcome was as follows....

2. Briefly analyze the 2/two situations

3. Try to prove the outcome using numbers. If you do not find real life samples of numbers, make assumptions. Example: If Susie had a $650K mortgage at 4.5% etc. ... or.... Kiwi country took a 15-year loan at ......and in 3 years....

Format: - 2 Page Memo

APA Style 7th Edition