4.
Future ValueWhat something today will be worth in the future Compounding
5.
Present ValueWhat something in thefuture is worth today Discounting
6.
N (1+r)r = Rate of compoundingN = Number of Periods
7.
Compounding Discounting 1 (1+r) N (1+r) N Future Value Present ValueMultiply Present Value Multiply Future Value by factor to get by factor to get Future Value Present Value
8.
Two ways to get Present Value PV = FV x 1 (1+r) N or PV = FV (1+r) N
9.
Rewrite FV = PV x Factor FV = PV x FactorFactor Factor PV = FV Factor
10.
1. Calculate factor (1+r) N2. Is the problem FV or PV?3. If FV then multiply by PVFV = PV x Factor4. If PV then divide FV byPV = FV ÷ Factor
32.
Saudi Labor Force Around Total Population 30 million Non-Saudis 10 million Saudis 20 million Adult Population Age 15+ 11 million Not in Labor Force 6 million In Labor Force 5 million Labor Force Participation Rate 45% Employed 4.4 million Unemployed 600 thousand Unemployment Rate 12%Source: General Statistics Department and Information
33.
Employed paid employees work in own businessunpaid workers in family business full-time and part-time jobs but temporary absence
34.
Unemployed not employed availabletried to ﬁnd a job in the last four weekswaiting to be recalled from layoff
35.
Discouraged WorkersPeople who would liketo work but have given up looking for a job
36.
Not in Labor Forcenot employed or unemployed discouraged workers full-time student homemaker retiree
37.
Unemployment RateThe percentage of the labor force that is unemployed
Be the first to comment