Government Funding of The Fine Arts - 1172 Words

With cities spattered in looming cathedrals and marble sculptures and with bookshelves still faithful to classic works of literature and performance, the arts have proved themselves durable to the test of time. Long have these creations provided undying testament to mankind’s achievement and a window into the past. Perhaps no other category of art lends itself more to a view of history than the fine arts, or high arts, tradition with its well preserved pieces guarded and carefully designed to withstand the battery of time. Works belonging to the fine arts tradition were historically kept alive through wealthy benefactors. However, economic classes began to level out, and wealth was no longer restricted to the few considered â€Å"elite†.†¦show more content†¦However, as every budget dictates, funds cannot be doled out into every area in which they are desired. A key aspect of central funding, or any kind of funding, is making decisions as to where money i s assigned. Along with questions of financial designations, the content of the chosen beneficiaries frequently comes under fire. Events or performances involving subjects seen as risquà © or crude, such as the infamous Piss Christ, often find themselves the target of harsh criticism (Bergheim). This brings into question the delicate balance between a government’s duty to protect its citizens’ culture and its duty to protect their rights (at least in America) to free speech and expression. While no simple solution to this problem exists, it lies within the responsibility of the voters to elect officials who they believe will act within their interests and values. And while the fine arts tradition will very rarely procure anything vulgar, it still remains imperative that a government protects the rights of its citizens. Fortunately, however, with a basis in a historically more conservative past, the fine arts, unlike other art forms, tends to turn from offense of morality. With government funding as a resource for the arts, not every applicant can receive the stipend it proposes. And although the fine arts tradition is moreShow MoreRelatedHigh Fine Arts Programs Should Be Funded1275 Words   |  6 Pagesnation issued financial cuts, Fine Arts programs have been reduced or completely abolished. This reduction instigates the controversy on how to deal with prioritizing funding from the federal government. Students, parents, teachers, taxpayers, schools, and the federal government are all directly involved in this controversy. People that value arts education tend to be more anxious about the possible outcomes. The stakeholders are divided on whether or not the fine arts should be funded in schools.Read MoreThe Arts And Arts Education1540 Words   |  7 Pagesshow that students in the arts outperformed their non-arts peers on the SAT by 96 points, while a child who has continued access to arts education has a 74 percent higher chance of pla nning to attend college† (Urist 9). The arts teach several lessons to children and they provide an equal opportunity for everyone. The arts also provide a different form of discipline and insight into the real world. While others may say that sports make kids strive for good grades, the arts support children in a differentRead MoreFine Arts Should Be School Sponsored1513 Words   |  7 PagesFine arts should be school sponsored and implemented in the school curriculum. First of all it has tremendous academic benefits. Studies done at the University of California Irvine, or UCI, show when children and teens are exposed to music, preferably classical music (which is a common theme among school bands), they tend to have better memories and they are able to retain information better than students who aren’t exposed to music. Chris Brewer, founder of Lifesounds Educational Services, saysRead MorePublic Schools : Funding And Availability Of Arts Programs958 Words   |  4 Pages Public schools in America have seen a significant loss of funding which in turn has caused reductions in the funding and availability of arts programs country wide. School districts have cut the programs that they believe are least useful in boosting their testing averages which begs the question: In an age where students are taught simply to take tests, does education in the arts, and more specifically theatre, have a place in today’s schools. In recent years this country has seen tremendous cutsRead MoreThe Government Gives Permission to Build It and the Businesses Mantain1561 Words   |  7 PagesTopic: Museum of Science and Industry EQ: To what extent is the Government responsible for creating and maintaining museums? Thesis: The Government can give permission to make the museum but it is usually business runned when it comes to maintaining it. By: Rishika Suraparaju The Museum of Science and Industry was built unlike any other museum, and was ran unlike any other museum before. The Museum opened in 1933, which was the same year as the â€Å"Century of Progress† Fair or otherwise known asRead MoreEssay on Fine Arts Should Remain a Curriculum at Public Schools1417 Words   |  6 Pages the drama club, the student art show - they’re usually highlights of a student’s education† (1). â€Å". . . [Fine Arts] can connect people more deeply to the world and open them to new ways of seeing, creating the foundation to forge social bonds and community cohesion,† (qtd in Smith 2). Maiers expresses, â€Å"Because fine arts education typically is not considered core curriculum or included on high-stakes standardized test mandated by federal requirements, music, art, theater, and dance usually areRead MoreFree Community College Should Be Free1302 Words   |  6 Pagesin the globalized economy is by higher education. Even though the funding is large, the first two years of community college should be free to all. The Washington Promise, a scholarship program in place to provide scholarships to high school seniors who graduate from a Washington high school, is a way to help students in the Yakima Valley attend college and graduate with an A.A degree which helps stress the importance of liberal arts, and help decrease what Thomas Freidman, the author of The WorldRead MoreWarning : Arts Education Is Declining1392 Words   |  6 PagesWarning: Arts Education Is Declining Approximately 20 years ago global studies comparing student test scores in the core subjects showed that American students were not performing as well as students in many other countries and that this performance appeared to be worsening. As a result, the federal government became more involved and forced schools to adopt a new set of standards that emphasized the core subjects. Unfortunately, this initiative often led schools to limit or discontinue arts educationRead MoreAesthetics, The And Beauty Of Aesthetics1461 Words   |  6 Pages Knowledge and education on Art studies can serve a very valuable purpose in schools, because it enables our youth to use their inner self specific tools to think more dynamically and helps one to comprehend new ways to overcome life’s obstacles, with out of the box thinking. A true byproduct of a student of aesthetics is someone who could successfully navigate complex situations using the set of creative thinking skills to overcome the obs tacle. Aesthetics or arts education, gives one the possibilityRead MoreCultural Policy in Taiwan Essay955 Words   |  4 PagesCultural Policy in Taiwan Taiwan has its own very special government system. On the central government level (relevant to the federal government), there are both president and premier in the system. The National Assembly is the representation of all citizens to the president, and the Legislative Assembly is to the premier who is in charge of the Executive Yuan, the top administrative body of Taiwan. The current National Assembly is in charge of the change of constitution laws, while the Legislative

The War Against Argumentative Essay Topics High School Students

The War Against Argumentative Essay Topics High School Students The Secret to Argumentative Essay Topics High School Students Cigarettes need to be more expensive. Parents should speak to kids about drugs at a youthful age. Students ought to be permitted to pray in school. They lead busy lives and often forget about an upcoming deadline. You may also acquire different discounts on our site which will help you to save some more money for future orders or anything you want to spend them on. Bear in mind, in addition, there are discounts available when purchasing all 3 e-books and free shipping when purchasing all three text books. If you need assistance formatting your paper, you ought to know that we offer such services at an affordable price. 1 important and appropriate subject is technology. Top Argumentative Essay Topics High School Students Choices Psychology can supply a wealth of interesting matters to discuss. Some professors are very cautious regarding the way that your paper looks. College is for a high degree of study. Not just that but students will be in a position to access their online courses and be in a position to follow along with the lecture through powerpoints. There are lots of aspects about a sport that may be argued in an essay. You may continue to keep your argumentative essays for your upcoming job portfolio in case they're highly graded. You have to have skills to compose a fantastic essay. It's possible to use narrative essay examples high school to find out more. To locate argumentative essay topics easy on various platforms, you want to comprehend about the argumentative essay. An argumentative essay is a certain kind of academic writing. Choosing topics for argumentative essays is essential for your general success. Recent argumentative essay topics that are related to society is going to do. Arguments always occur in a particular context. Ultimately, you also have to have the ability to explore either side of the argument to provide a rounded essay. If you are in possession of a valid issue and you may offer sufficient arguments on it, then go with this. It is advised to steer clear of argument essay topics on moral issues because they don't support logical discussion. If you're in a college and wish to compose an argumentative essay, you should decide on a subject of high importance. Students are accustomed to the fact which their professors give them with the assignment's topic. To write a strong argumentative essay, they should begin by familiarizing themselves with some of the common, and often conflicting, positions on the research topic so that they can write an informed paper. The student should investigate a topic, evaluate evidence, collect, generate, and set a standpoint on this issue in a powerful and concise way. Argumentative Essay Topics High School Students - Overview Another positive facet of school sports is the fact that it encourages good health habits that could benefit the student for an eternity. Teens who take part in sports are going to be better able to work with others in all facets of life. Team sports are a fantastic method to gain hands-on experience regarding ethics and other valuable traits. As an example, in college, you might be requested to compose a paper from the opposing standpoint. The last post on essay creating you must go through university could possibly be difficult particularly in case you ought to take a course you simply have zero interest in. As an issue of fact, the content of your essay is dependent on what you're likely to write about. Selecting an effortless topic may prove to be an incorrect track since you may have difficulties finding credible sources to support your views.

Myth of co parenting Essay Example For Students

Myth of co parenting Essay I had naively thought that a pro-feminist partner, plus my own willpower, would prevent this from happening to me I hadnt bargained for how deeply the gender roles of nurturer and provider are ingrained in all of us . (p. 323 13). Her goal is not to escape this but simply to have her husband work fewer hours. When her husband suggested they hire a nanny, she shouted, I dont need a nanny, I need a husband! (P. 325-24) On the contrary, in My Problem with Her Anger, Bartels expresses the hardships of being married to a woman that has irrational anger in the home. In his essay, he says fathers may miss being with their children when theyre at work, but they wont feel guilty because they are doing what they are programmed to do. He isnt a dead-beat husband; he pulls his load in the house and he feels that there is not positive reinforcement and that he is taken for granted in a way. In the essay, he talks about doing the dishes while his wife, who was upstairs putting the kids to bed, comes down in a fit about him not doing more. He writes My wife gets tired. She gets frustrated. She gets angry (P. 329-9). Even if he makes a lot of efforts and does the best at home, her wife is never satisfied and proud of him. Woman could try to accept that it is possible for a man to be tired. (P. 331-38). He tries to explain that is could be that for women of recent generations, anger has replaced the quiet desperation of the past. (P330-24). It is difficult for a man to stay at home while his wife is working. Times have changed, and now women are equal as men. Finally, I was raised in a feminist household and I am proud to call myself a feminist. I believe in equality and an equal division of labour within a marriage. The essay My problem with her Anger seemed to create empathy for Bartels, but there were a few parts that turned me off from his argument. As a woman, I agree that it is in a womans nature to handle stress differently than men, but I disagree with the idea that it is something that needs fixed with evolution. Men and women being different emotionally is actually beneficial to a household. If a household was run by two disciplining individuals without a compassionate partner, the home would hold a lot of tension and anger. I believe that to be true whether the wife is the compassionate one or the husband; there has to be a balance. Marriage is hard. I agree with Edelman when she explains that even though many females feel liberated and inspired to be independent from their husbands, often times these women still end up doing most of the domestic work. Edelman shows how embedded gendered work is in our society, even among feminists. She explains that in her situation, with time things changed, but does not suggest to all readers this is the solution for all problems over shared responsibilities.

Time Is Value of Money Essay Example

Time Is Value of Money Essay Time Value of Money Practice Problems ? Solutions Dr. Stanley D. Longhofer 1) Jim makes a deposit of $12,000 in a bank account. The deposit is to earn interest annually at the rate of 9 percent for seven years. a) How much will Jim have on deposit at the end of seven years? P/Y = 1, N = 7, I = 9, PV = 12,000, PMT = 0 ? FV = $21,936. 47 b) Assuming the deposit earned a 9 percent rate of interest compounded quarterly, how much would he have at the end of seven years? P/Y = 4, N = 7 ? 4 = 28 ? FV = $22,374. 54 c) In comparing parts (a) and (b), what are the respective effective annual yields? Which alternative is better? Because interest in compounded annual in part (a), the effective annual rate is the same as the nominal rate: EARA = 9%. In part (b), EARB = (1 + i/m)m – 1 = 1. 02254 – 1 = 9. 31%. This can be also solved using the TI BAII+ using the Interest Conversion worksheet. Simply press [2nd] [I Conv] (the second function of the 2 key) to bring up this worksheet. When the screen says NOM = press [9] and [Enter]. Then arrow up and make sure that [C/Y] reads 4 compounding periods per year; if not, press [4] and [Enter]. Finally arrow up to the EFF screen and press [CPT] to compute the effective annual rate. Alternative (b) is preferred because it compounds your interest more frequently. Thus you get to earn â€Å"interest on your interest† sooner. 2) John is considering the purchase of a lot. He can buy the lot today and expects the price to rise to $15,000 at the end of 10 years. He believes that he should earn an investment yield of 10 percent annually on this investment. The asking price for the lot is $7,000. Should he buy it? What is the annual yield (internal rate of return) of the investment if John purchases the property for $7,000 and is able to sell it 10 years later for $15,000? P/Y = 1, N = 10, I = 10, PMT = 0, FV = 15,000 ? PV = ? $5,783. 15. Because the present value of this investment is less than the $7,000 asking price for the lot, John should not buy it. To solve for the internal rate of return enter PV = ? 7,000 and compute I = 7. 92%. 3) An investor can make an investment in a real estate development and receive an expected cash return of $45,000 after six years. Based on a careful study of other investment alternatives, she believes that an 18 percent annual return compounded quarterly is a reasonable return to earn on this investment. How much should she pay for it today? We will write a custom essay sample on Time Is Value of Money specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Time Is Value of Money specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Time Is Value of Money specifically for you FOR ONLY $16.38 $13.9/page Hire Writer P/Y = 4, N = 6 ? 4 = 24, I = 18, PMT = 0, FV = 45,000 ? PV = ? $15,646. 66. 1 4) Suppose you have the opportunity to make an investment in a real estate venture that expects to pay investors $750 at the end of each month for the next eight years. You believe that a reasonable return on your investment should be 17 percent compounded monthly. a) How much should you pay for the investment? P/Y = 12, N = 8 ? 12 = 96, I = 17, PMT = 750, FV = 0 ? ? $39,222. 96. b) What will be the total sum of cash you will receive over the next eight years? This can be solved by setting I = 0, PV = 0, and computing FV = ? $72,000. Notice that the sign of this solution is negative because the payments have been entered as positive values. c) Why is there such a large difference between (a) and (b)? The difference between the answers in parts (a) and (b) represents the foregone interest that results from receiving the payments in the future, rather than today. 5) Walt is evaluating an investment that will provide the following returns at the end of each of the following years: year 1, $12,500; year 2, $10,000; year 3, $7,500; year 4, $5,000; year 5, $2,500; year 6, $0; and year 7, $12,500. Walt believes that he should earn an annual rate of 9 percent on this investment. How much should he pay for this investment? This can be solved using the irregular cash flow worksheet: CF0 = 0 C01 = 12,500 C02 = 10,000 C03 = 7,500 C04 = 5,000 C05 = 2,500 C06 = 0 C07 = 12,500 Set I = 9 and solve for NPV = $37,681. 6) A loan of $50,000 is due 10 years from today. The borrower wants to make annual payments at the end of each year into a sinking fund that will earn interest at an annual rate of 10 percent. What will the annual payments have to be? Suppose that the borrower will make monthly payments that earn 10 percent interest, compounded monthly. How much will he pay annually into the fund? With annual compounding: P/Y = 1, N = 10, I = 10, PV = 0, FV = 50,000 ? PMT = ? $3,137. 27. With monthly compounding: P/Y = 12, N = 10 ? 12 = 120, ? PMT = ? 244. 09. These are monthly payments, so the total annual payment will be 244. 09 ? 12 = $2,929. 04. 2 7) The Dallas Development Corporation is considering the purchase of an apartment project for $100,000. They estimate that they will receive $15,000 at the end of each year for the next 10 years. At the end of the 10th year, the apartment project will be worth nothing. If Dallas purchases the project, what will be its internal rate of return? If the company insists on a 9 percent return compounded annually on its investment, is this a good investment? P/Y = 1, N = 10, I = 9, PMT = 15,000, FV = 0 ? PV = ? $96,264. 87. Based on the NPV rule, this is a poor investment because the present value of future cash flows is less than the required investment of $100,000. Alternatively, you could enter PV = ? $100,000 and solve for I = 8. 14%. Because the IRR of this investment is less than the 9% hurdle rate, Dallas should not invest in this project. 8) Suppose you deposit $5,000 into an account earning 4 percent interest, compounded monthly. ) How many years will it take for your account to be worth $7,500? P/Y = 12, PV = ? 5,000, I = 4, PMT = 0, FV = 7,500 ? N = 121. 84, or 10. 15 years. b) Suppose in addition to the initial $5,000 deposit, you will make monthly contributions of $50. How many years will it take for the account to grow to $7,500 in this case? PMT = ? 50 ? N = 35. 39 or 2. 95 years. c) How does your answer change if you make quarterly deposits of $150 rather than monthly contributions of $50? Explain the reason for any difference in your answer from part b. Maintain the assumption that interest compounds monthly. P/Y = 4, C/Y = 12, PMT = ? 50 ? N = 11. 83 or 2. 96 years. The time it takes to save $7,500 rises just a bit because you are no longer earning interest on new investments until the end of each quarter, rather than each month. 9) Consider an investment that will pay $680 per month for the next 15 years and will be worth $28,000 at the end of that time. How much is this investment worth to you today at a 5. 25 percent discount rate? P/Y = 12, N = 15 ? 12 = 180, I = 5. 25, PMT = 680, FV = 28,000 ? PV = ? 97,351. 34. 10) You currently owe $18,000 on a car loan at 9. 5 percent interest. If you make monthly payments of $576. 9 per month, how long will it take you to fully repay the loan? P/Y = 12, I = 9. 5, PV = 18,000, PMT = ? 576. 59, FV = 0 ? N = 36 11) You have just borrowed $10,000 and will be required to make monthly payments of $227. 53 for the next five years in order to fully repay the loan. What is the implicit interest rate on this loan? 3 P/Y = 12, N = 5 ? 12 = 60, PV = 10,000, PMT = ? 227. 53, FV = 0 ? I = 13% 12) Your uncle has given you a bond that will pay $500 at the end of each year forever into the future. If the market yield on this bond is 8. 25 percent, how much is it worth today? This type of investment is known as a perpetuity. The formula for its value is PV = PMT / r = 500 / 0. 0825 = 6,060. 61. 13) Suppose you have an investment that is expected to generate a $20,000 cash flow next year and that this is expected to increase by 5 percent per year forever into the future. a) If your required rate of return on this investment is 18 percent, how much is it worth to you today? This is a growing perpetuity. The formula for its value is PMT 20,000 PV = = = 153,846. 15 . r ? g 0. 18 ? 0. 05 b) Suppose now that you do not know how fast the cash flows will grow in the future, but that you expect them to grow at a constant rate. Suppose also that this investment is currently priced at $200,000. If the required rate of return is still 18 percent, how fast does the market expect the annual cash flows to grow? Rearrange the growing perpetuity formula to solve for the growth rate: PMT 20,000 g =r? = 0. 18 ? = 0. 18 ? 0. 10 = 0. 08 or 8 percent. PV 200,000 14) You are considering the purchase of an investment that is expected to generate cash flows of $15,000 per year for the next five years. After that, cash flows are expected in increase at the rate of 5 percent per year for the indefinite future. Thus, in year 6 the cash flow will be $15,750, etc. How much is this investment worth to you today if your required return is 15 percent? First, calculate the value of the investment at the end of year 5 using the formula for a growing perpetuity: V5 = CF6 15,750 = = 157,500 . r ? g 0. 15 ? 0. 05 Next use this as the future value and use your time value of money keys to calculate the value as of date 0 (today). P/Y = 1, N = 5, I = 15, PMT = 15,000, FV = 157,500 ? PV = ? 128,587. 66. 4 ______ 1. What is the future value of $3,500 deposited for 12 years at 5 percent interest, compounded annually? A. $6,285. 50 B. $3,679. 07 C. $55,709. 94 D. $6,369. 47 P/Y = 1, N = 12, I = 5, PV = 3,500, PMT = 0; solve for FV ______ 2. What is the internal rate of return on an investment that costs $2,000 and returns $32 per month for the next 15 years? A. The IRR cannot be calculated for this investment B. 1. 48% C. 17. 86% D. 14. 13% P/Y = 12, PMT = 32, PV = -2,000, FV = 0, N = 15 ? 12 = 180; solve for I ______ 3. What is the internal rate of return of an investment with the following cash flows? n 0 1 2 3 4 5 $ (1,000) 300 300 300 200 100 A. B. C. D. The IRR cannot be calculated for this investment 10. 0% 15. 23% 7. 48% CF0 = -1,000, C01 = 300, F01 = 3, C02 = 200, F02 = 1, C03 = 100, F03 = 1; solve for IRR ______ 4. If your discount rate is 12%, what is the NPV of the investment from the last question? A. $0. 00 B. ($55. 25) C. $200. 00 D. ($95. 60) With all the same entries, solve for NPV with I = 12 5 ______ 5. True or FALSE: Assuming the same positive discount rate and the same number o f years over which they will be received, a $1,200 annuity with annual payments has a larger present value than a $100 annuity with monthly payments. The reason is â€Å"sooner is better than later. The total payments you receive is the same under both annuities ($1,200 per year), but you get some of your money sooner with the monthly annuity. You could put this in an account and earn interest on it, making it worth more to you than $1,200 at the end of each year. ______ 6. How much should you pay for an investment that pays $1,500 per year for the next three years and then $2,000 per year for the following two years? Assume a discount rate of 15% per year? A. $8,500. 00 B. $5,562. 70 C. $6,338. 15 D. $10,000. 00 CF0 = 0, C01 = 1,500, F01 = 3, C02 = 2,000, F02 = 2; solve for NPV with I = 15 ______ 7. Consider an eight-year investment costing $55,000. It is expected to pay $3,000 per year in each of the next five years and $15,000 per year in the last three years. If the required discount rate is 12 percent, what is the net present value of this investment? A. $86,257. 28 B. ($23,742. 72) C. $5,000 D. $60,000. 00 CF0 = -55,000, C01 = 3,000, F01 = 5, C02 = 15,000, F02 = 3; solve for NPV with I = 12 ______ 8. What is the internal rate of return of the investment in the last question? A. The IRR cannot be calculated for this investment B. 1. 47% C. 14. 7% D. 12. 0% With the same entries as above, solve for IRR ______ 9. What is the annual debt service on a $1. 2 million 30-year mortgage at 6. 75% interest with monthly payments? A. $40,518 B. $7,783 C. $94,286. 59 D. $93,398 Annual debt service is simply 12 times the monthly payment. Enter PV = 1,200,000, P/Y = 12, N = 30 ? 12 = 360, I = 6. 75, FV = 0; solve for PMT and multiply the result by 12. ______ 10. In class we said that †Å"cash is king† in finance. Which of the following things is NOT true about this king? A. More is better than less B. Sooner is better than later C. Certain is better than uncertain D. STRAIGHT IS BETTER THAN CROOKED 7