College of Business, Hospitality and Tourism Studies
SCHOOL OF ECONOMICS AND FINANCE
Department of Banking and Finance
FIN501Sem: FUNDAMENTALS OF FINANCE
MAJOR ASSIGNMENT- GROUP
Semester 1 2022
TOTAL WEIGHTING: 15%
INSTRUCTIONS
One of the principles of finance that we have looked at; is Time value of money - the math of
finance whereby interest is earned by saving or investing money. Money can grow over
time if we can save (invest) it and earn a return on our savings (investment).
With reference to the above statement, you are required to pick up a separate
product/service for each of the following (so 6 different products/services) and calculate the
present value or future value (one of the two, whichever is feasible with the information
gathered) of a
1. single sum using compound interest
2. ordinary annuity
3. annuity due
4. deferred annuity
5. perpetuity
6. stream of unequal amounts
You are advised to keep a copy of the choice of your products/services in the appendix
section of the assignment.
You can get a copy/details of such products/services from Financial intermediaries
pamphlets or from their websites, stock exchange website (listed entities), real estate
brokers/agents website, media etc,
Provide proper calculations after stating the formulas and the variables (periods, rate per
period and cash flow per period).
To obtain your other variables, which may not be available in the statements/documents,
you may use either the RBF documents, financial intermediaries’ releases or particular
indexes, for your calculations. These needs to be referenced properly and where possible
a copy needs to be placed in the appendix section. (Do not use unrealistic date ie.
exaggerated rates, maturity and other data).
Where real data is not feasible then use numbers that are applicable to the current market
situation of your area (eg. Rent per month for Suva $800, Nadi $500, Ba & Labasa $300),
that is data that can be easily verified.
Note:
i. Students are required to do this assignment in groups (up to a maximum of five
members per group – less than 5 is ok but not more then 5).
ii. Provide a complete reference list which should be prepared in accordance with one of
the internationally accepted referencing standards.
iii. Submit a soft copy of your assignment on MOODLE. A turn-it-in facility will be
provided on Moodle for preliminary plagiarism checking as well as final project
submission drop box. A maximum of 30% similarity index is allowed. Only one member
of the group will be submitting the assignment online (otherwise, the system will
penalize you against your group, so the member who does initial uploads for checking
will also do the final upload).
iv. The assessment criteria sheet is provided for an understanding on how the marks will be
allocated. Please do not attach it with your assignment.
v. The assignment must have a Title page (includes the ID numbers and full names of all
the members), Introduction, Table of Contents, Body-Findings and Discussion
(includes numbers 1-6), Conclusion and Bibliography.
vi. It should be typed in Times New Roman with font size 12 and 1.5 line spaced.
vii. The project is due on MOODLE at 11.59pm, 26th June, 2022 and the drop box facility
will expire accordingly. No further extensions will be provided.
viii. Please ensure that the assignment does not exceed 15 pages (this excludes the appendix)
and should not include any unnecessary information.
THE END
FIN501: FUNDAMENTALS OF FINANCE
ASSESSMENT CRITERIA – GROUP ASSIGNMENT
Student Name Student Number
1
Component Full mark Mark Gained Comments
Introduction
5
1
4
2
7
3
7
4
7
5
5
6
7
Conclusion
4
Referencing 2
Appendix 2
Total 50
Best of Luck
Pretika Chand
Dated 20/04/2022
