And we're right here with Fuji, and hi, so who are you? Hi, my name's Theo Georgiades, I work for Fujifilm UK for the electronic imaging division. And what are we looking at here, this is a nice big medium format, the new one? Yes, this is the brand new GFX 50R, and as you can see it's a rangefinder style camera. This complements the range we have now alongside the GFX 50S. It's small, it's compact, look how much thinner it is than the GFX 50S. It has a tilting LCD screen, but it's the most compact, lightweight medium format camera that we do. So how can it be so much smaller? What did you take out of it? Well, we just kept it a lot simpler. We wanted to... We feel he's still maintained the same mount and same sensor as the 50S, but by having just the standard tilting LCD screen, not the three-way tilt LCD screen, and moving where the battery is as well has allowed us to put it into the batteries there. Is it a nice big battery life still? Yes, absolutely. Let me put the lens back on. So is Fujifilm doing a whole bunch of really nice medium format lenses? Yes, we have many lenses in the range now. We announced another three lenses a few days ago. The 50mm f3.5, which is a small pancake type lens, it's only about this big. A 45 to 100mm zoom and a 100 to 200mm zoom. So the range of lenses is increasing and we hope we've covered many bases with the lenses that we have. So Sony, Nikon, Canon, Panasonic, they all just do full frame. What's the main advantage of doing medium format? So it's not just about the medium format. We have X-Series, which is an APS-C based system, and we feel the APS-C based system that we have is the best balanced system in the marketplace over quality and speed and versatility, and we feel that the GFX system compliments the APS-C system by stepping up in terms of sensor size to have improved image quality. So as a step up from full frame, right, is it quite a lot bigger? Yes, it's 50% bigger than full frame sensor. All the pictures in this exhibition, they're all on full medium format. Yes, so this is the home exhibition, so all these pictures are taken by Magnum Photographers, and this exhibition has been going all around the world so far. This is obviously the German leg to have it a Photokina, but these are Magnum Photographers that use the GFX 50S all about the subject back to us home. Different Magnum Photographers from around the world giving their adaptation of what it means, the title home. What does it mean to have this large sensor also in terms of the optics? Do you get more bulkier or better bulkier? Yes, so the one thing about sensor size is you go up in sensor size and you get much better separation, you get much more detail and clarity, and that's where the GFX system really comes into its own. And is it okay for video? Yes, this is 1080p video. We announced the GFX 100, which is going to have 4K video, but that will be coming next year. And you're showing a mock-up, right? We do, it's on the stand behind glass. And these are all also medium format around here. So what's the price on this one? So this is going to come out at 4,500 euros, 3,999 pounds. And the previous one you had the 50S, right? What was the price on that one? That was 6,500 euros, but that's going to be coming down in price to 5,500. So it will be 1,000 euros difference between the two. Alright, so it's getting more affordable, right? It is, it is. And I think this is where 50R is going to come into play. But under that 5,000 euro mark for a camera like that, it's amazing. So Hasselblad and Leica also have medium format, right? Hasselblad does, yeah. And do they, what's it called, is it different lens system or the same? No, it's their own system, yeah. So it's only the lenses, only Fuji are making them. No other company providing lenses? No, not for the system. But you have how many lenses right now? At the moment we have six lenses in the range and we'll have another three in the range during next year. And this is a 63mm? 63mm, yeah. And how much is that one? This is a 13.59 in the UK. Alright.


So, please, do not forget to complete the register and then we can start with this week's research. This week, we're going to be looking at annuities and we'll do a lot of other activities just to see how we calculate annuities. And remember, we're going to still continue doing manually and also using your financial calculator if you do have one. It is eight minutes past, but I can ask, do you have any question or comment or query that you want me to address before the session starts? The register, ma'am, did you post it? Is it in the chat? Yes. Thank you. Like I said, this week, we're going to be looking at annuities. You need to have a calculator and you need to know the formulas to calculate or for calculating annuities. By the end of the session today, you should be able to do basic calculations when it comes to finding the present value of an annuity or the future value of an annuity. What do we mean by annuities? Annuities are just payments that you make at a regular interval or at the regular time or period. So it is your sequential equal payments at an equal interval of time. So for example, when you, if you have a loan at the bank, so you know that you always go into, you sign an agreement to say you're going to pay, let's say 3500 every month. So that will be your equal payments at an equal interval.  So those we call them annuities. Anyway, we can also refer to them as payments. So your payment interval will be the time between the successive payments that you are making. And this also depends on whether you pay monthly, quarterly, yearly, by annually and so on. The term will always refer to the period, how long you are going to pay that annuity or that payment. And it is always from the time, from, it starts, you start calculating it from the beginning of the first payment up to the end of the last payment interval. Your future value will be the cumulative amount of the payments that you have made, including interest. So it will be the sum of all payments made, including also the interest at the end of the time. And your present value will be the sum of all the payments that you have made. And these are each discounted to the beginning of the time. So how are you going to remember this in a way? You need to remember that savings, you get money at the end, right? It's savings, you only get accumulated amount, which is your saving amount that you have accumulated at the end. With savings, if they talk about saving, saving, saving, always know that you will be calculating the future value. Most of the time, loans, which are the money that the bank give you, it's now, now, now, now, it's already discounted amount, right? They tell you that you apply for a bond to buy a house and they tell you that the bank say, I can give you one million for that house. But you will still need to pay me, including interest at the end of the time when you finish off paying your bond. But because the bank is giving you money and that we call it the present value. So how you will remember savings, future value, loans, present value, right? If they give you a question and they talk about savings, you need to know that you are given the future value. If they say Patrick saved 100,000 or needs to save 100,000 after four years, that 100,000 is the future value. It's something that they will need to save up for. If they say Patrick went to the bank and the bank gave him the loan to buy a car, that loan is your present value. Because the bank gives you the money now you have the money to buy something with it. Then you will be calculating the present value, right? With annuities as well, like we did with compounding periods, you still also need to know your compounding periods because if it's compounded monthly, therefore it means also your payments will be made monthly. If it's compounded quarterly, so your payments, you will pay your, you will do your payment quarterly. If it's yearly, you will pay your payment yearly. It's very important to know your compounding periods because they affect how you multiply your period because your period needs to always multiply with the compounding period and or your time needs to multiply with the compounding period and also your interest needs to divide by the compounding period. So it's very, very important that you know your compounding periods. Okay, so in order for us to calculate the present value of an annuity and I must say also with this formula, you are still going to use it when you do amortization because amortization is based on the loan and therefore remember what I told you just a minute ago, loans are always present value. So when we deal with amortization, you are still going to use the same formula to calculate your payments. So to calculate the present value of an annuity, we use p is equals to r times the accumulation factor of 1 plus interest to the power of the 10 minus 1 divide by your interest times 1 plus your interest to the power of n, which is your 10. Now, you're going to ask how do we calculate this? This is just a short version of writing the accumulation factor and you can write it when you are using your financial calculator to do the calculation because you're not going to substitute the values. So you can just say p is equals to r times the annuity of ni, which is just the accumulation factor of an annuity for that payment. So we're going to learn how to use this formula to calculate the present value of an annuity where your r is your payment and the other like your i is your interest, which you need to divide by the compounding periods and your n is your term, which you need to multiply by the compounding periods. p is your present value. So if we need to calculate the present value of 1,600 quarterly payments for five years at an interest rate of 20% per annum compounded monthly. The question is asking us to calculate the present value. What are the effects given in the question? We are given quarterly payments, which means we are given our payment, which is our r of 1,600 and they say it's quarterly payment. So obviously some way they will tell us that it's compounded quarterly. If they didn't tell us that it's compounded quarterly, we can assume that this is compounded quarterly. If they gave you a compounded value, which is different to the monthly payment, therefore it means your monthly payments, you will need to change them or convert them to the quarterly payments or whatever the compounding periods are, but usually they are aligned. And what else are they giving us? We are given five years, which is our n and we are given our interest, which is our y. And we are told that the compounding periods, they are quarterly, so they will be four of them. Now I need to identify the formula. I know that the formula that we need to use is p is equal to r times the accumulative factor of an annuity. Then we can substitute into the formula. Remember, your interest needs to be divided by the compounding periods of four and your period needs to be multiplied by five. So you can do this outside because if you put it into the equation, your equation will be too much. So for example, like I did it, I included my division of the interest and multiplication of my term in the equation, as you can see, it looks complex. However, if I could have just taken 20 percent, which is 0.20 divided by four, which will give me 0.05 or 0.5. What is 4 divided by 0.20 divided by four? Let me use a calculator because it has been a long day. So let me not over stretch my brain. 0.20 divided by four is 0.05. I was right there at the beginning. It's 0.05. I could have substituted 0.20 divided by four by 0.5 and five divided by four, so five multiplied by four is 20. I could also have just substituted there by 20 instead of substituting into the formula as well. So the formula would have looked like this. 1,600 times 1 plus 0.5 to the power of 20 minus 1 divided by 0.5 times 1 plus 0.5 to the power of 20. And when you simplify the whole equation, you get the present value of this payment, which was made quarterly of 1,600. The present value is 19,939. So that is if you don't have a financial calculator, you can calculate manually by using this. If you have a financial calculator, you can do the same by following the steps. So also, on your financial calculator steps, you also need to identify what the question first, what is the question asking you to do in your own time? They are asking us to calculate the present value. So I'm going to say they are asking us to compute PV because I'm looking at, remember, the functions are the same. We're still going to use those three functions, or those functions, the first line function, the ENT, the plus or minus, the mode, the ON and OFF, and the second function. All those are our friends for now. While we do this, as you can see that they're the same functions that we used previously as well. So we are computing the present value. So that's what we need to be computing PV. What have they given us? They gave us the payment. Now on your calculator, there is no R, it's PMT. So they have given you PMT of 1500. The number of years is N. There's a capital letter because that's what on your calculator you see. And your rate is I slash Y. And remember, those who are calculating or using your financial calculator, I and Y is 20. We keep the percentage. If you are calculating manually, you need to divide it by 100 or you can use your function on your calculator. So now I have everything I need. Then I can write my steps. It's very important to first write the steps before I can take my calculator and calculate. So the first step I need to clear my calculator from any stored values. That is the very important. Remember that. Clear your calculator from any stored values. Step number two, we need to capture the compounding periods. So our compounding periods or I didn't finish our compounding periods, which is P slash Y. It's equals to four. So our compounding periods, they are four. So we need to capture them. So second function, P slash Y, four is our compounding periods, ENT. The next step is to go on and off our calculator. And then we need to capture what we are given. So at the moment, we're given payment and number of years and interest. Now there is no order in which you can put anything that follows here. So we can start with interest. We can actually say 20. We can say 20 INY. And we can go and say plus or minus the payment, which is 1,600. And we press PMT. And then we go and say five years and we press second function. Remember, we always have to multiply your period by the compounding period. Second function, N and again. And I'm saying N and again because the first second function multiplies with the compounding periods, which is the yellow part. And then the second N is to capture or to store your value. And once you are done there, you can comp. And then you say PV. It will give you the same answer. Or you can start with the payment first. You can start with the payment. Remember, for payment present value, any one of them, only one of them. If they are two of them, one of them should have a plus or minus before. Otherwise, you will get a negative answer. Always remember to press the plus or minus. That is the plus or minus, not the negative and positive or the plus sign and the minus sign from the basic operations. The plus or minus function. So we put the payment. Then the next part is to put in the number of years, the time. Five second function and energy. And then we put the interest 20. We put it as we see it 20. And the last part is to comp PV, which will give us 19,939. And now, once you have written your steps, then you can take your calculator and start calculating. And that will be it. You. They've answered your question. And that is present value of an annuity. Your exercise. Let's see if you listen to me. What is the present value of an annuity of 1500 payable at the end of six months period for two years? If the money is worth 8% compounded semi-annually. You've got two things here mentioned. Six months semi-annually. What is it that they are asking you to calculate the present value? So let's start first with the manual. So we need to comp compute or calculate. I'm going to make it like this because on my rough paper. I'm going to say my P that's what I need to be calculating. They have given me my payment, which is 1,500. They told me my N is two years. They told me that my I is 0,08. And now I want to come to those three times. What is semi-annually six months? What is semi-annually? It means by annually, right? Because semi means two or semi means half. So if semi means half or two, then six months will mean half of the year, right? Because a year is made up of 12 months. If I split them in half, there will be six months for one. Six months for the other part. So they mean one and the same thing. You just need to make sure that you understand the terminology that they give you. Whether they give you by annually or they give you six months or they give you a semester or things like that. Things that you can sometimes make sense of. But just broaden your mind in terms of the keywords that they might give you in the question. And try and make sense of them. So since our compounding period is two, therefore we need to divide our interest by two. We need to multiply our periods by two, right? That's what we know we need to do. So this will be equals to four and this will be equals to zero comma zero four. Because zero comma zero eight divided by two will just be zero comma zero four. Your formula that you need to be using P is equals to your payment times one plus your interest to the power n minus one. Divide by interest times one plus your interest to the power and and you can just substitute into the family. Now go into those who are calculating using your financial calculator. You do the same. You are asked to come. You can also just write PV. You need PV. You are given PMT of 1500. You are given n. Two years you are given I and why. Of eight. That's how you will write it. And what else? Your compounding periods. Your P slash Y of two. Remember the steps. I'm not going to substitute the values. You need to substitute the values. I'll write the steps for you. It's second function CA always get your calculator. Second function. P slash Y. Where I put the blank, you need to know what you need to put in there. Because I'm not going to give it the value just yet.  Then you go plus or minus. There should be a value somewhere here. Which corresponds to your PMT because that's what you are given. And there should be a value here. Cross body to your interest. And there should be a value here. Which you need to multiply by the compounding period. And store the value. And then. Come. The steps are almost exactly the same as the previous one. Instead of using the payment and computing the future value. We just put there what we are given and computing whatever we ask to compute. Are we winning? Just a second ma'am. I just wanted to check if I am not losing you. You are not confused. I got 6,000. Are we done? I'm done. And I think Lesley is done as well. For the first time I actually got my calculator to work with me. Thank you ma'am. I 4484. That's what you say the answer is. So let's see. If the answer is wrong, I'm sorry. Okay. So your R is 1500 times 1 plus. I'm going to use the value that we just calculated. Which is 0,04 to the power of 4 minus 1. Divide everything by 0,04 times 1 plus 0,04 to the power of 4. I don't know what the answer is there. Those who calculated using the financial calculator. You would have put here 2. You would have put here 1582. Let me double check with my financial calculator. Unfortunately financial calculator. I cannot demonstrate because it's an actual calculator. I don't have a tool to read it. It's easier for you to be able to see. So second function, CA, which is the mode. Second function. P dash Y to enter on and off your calculator. Plus or minus 1500. P and T, 8, I and Y, 2. Second function, N, N again. Comp, TV. The answer I get is 5,444 and 84.84836. So we round it off to 2 decimal because it's money. Money always be rounded off to 2 decimal. So it's 5444 comma 84, which is option 2. Leslie, you got it right. Well done, Leslie. So let's move on to how we calculate the... That's too late. How we calculate the future value of an annuity. Remember, present value was loaned. Future value is savings. So calculating the future value of an annuity. We use this formula.  S is your future value. I is your interest. N is your time. Let's look at an example. Jack will need 20,000 to buy his brother's car in two years' time. He wants to start saving part of his weekly salary into an account that retains 8.5 interest per year, compounded weekly. Calculate the minimum weekly payment that he needs to make into the investment account to have enough in two years' time. Very long sentence. Okay. So what is it that they want us to calculate here? The question is asking, calculate the weekly minimum payment. So it means they're asking us to calculate R. Not like the previous one, where they were asking us to find the future value or sorry, the present value. They want us to find what will be that future value or what, sorry, what will be the payment, not the future value, the payment. So what is it that they have given us? Jack will need 20,000. So 20,000 it means at the end. We'll need 20,000. So 20,000 is our future value. Remember savings, future value. To buy this brother's car in two years' time. So I'm going to assume that two years' time because also in the question they spoke about two years, that is our period. Maybe I should not be using Fs and let's start firstly with the manual calculation. So our future value is S of 20,000. I did that because I've got steps here. Your R is what we're looking for. Your future value which is your S in two years' time that is N. And they say he's going to use his weekly salary, right? But we also know that it is compounded weekly and the interest which is our I and I can write it 0,085. You must write it the way you see it, all of it. Do not round it up. You must write it the way you see it. So this was two years. And our compounding periods, they were how many? Let me ask you how many? What are our compounding periods for weekly? How many weeks do we have in a year? 52. 52, yes. There will be 52 of them. So now what is the formula that we need to be using? That is the formula, right? Remember, you can divide your I outside divided by the compounding periods which there are 52. Multiply your periods by 52 and so on before you substitute into the formula and not follow what I do because I just put it in the formula. So our S is 20,000. R is what we're looking for. One plus our interest which will be 0,085 divided by 52 to the power of your N N is 2 times 52 minus 1 divided by our interest of 0,085 divided by the compounding periods of 52. And when we calculate this, simplify and the answer we will get would be because we just divide by the accumulation factor which is 118.23469 20,000 divided by that gives us 176 ranked 58. So from his monthly salary if he wants to make 20,000 in two years saving it every two weeks, every week, every week he will get 20,000 if he save 176 which will be option number one. So similar you can use your calculator your financial calculator to calculate the steps are exactly the same. What is it that they want us to calculate? They want us to calculate PMT which is payment. That's what they want. The weekly minimum payment. That's what we need to calculate. What are we given? We are given the future value. We are given how long which is our N. We are told what the interest is that is I slash Y. We are given the compounding periods P slash Y which they are 52. Now we can go and write up our formula. Play our calculator from NS dot values second function CA then put in the compounding periods second function PY 52 ENT on and off your calculator put in what you are given which is the future value. So plus or minus 20,000 future value in the interest 8.5 the period to second function N N again PMT when you come PMT your answer will be 176.58 Let's do another activity to understand. Find the lump sum that one must invest in an annuity in order to receive 1000 at the end of each month for the next 16 years. If the annuity pays 9% monthly or 9% compounded monthly. Now this question they've asked it in a way that it's not a normal way of asking a lot of questions like for example we know that we say someone borrowed money they need to pay it back or somebody is saving money and this is how much they will have and here they are asking you what will be that lump sum that somebody will get or somebody must invest in an annuity in order to receive 1000 rent. So that 1000 rent is a payment of some sort right it's an annuities of some sort so now we need to calculate what will be that lump sum that needs to be invested what is that saving that needs to be invested in order for it to receive 1000 at the end of each month for the next 16 years if the annuity pays 9% so ask yourself is this a present value or is this a future value it's a future value it's a present value this will be it will be the present value or the future value I hear two answers so present value seems like it's a present value because it will be because the 1000 you will be getting it for the next 16 years right so this lump sum should be your present value because it's something that you put in now it's not something that you need to be calculating for the future right okay so if this is our present value but it is an investment and we know with an investment we said investment are future future value so if this is an investment therefore this will be your future value always remember that savings investment are what we call future values so let's calculate the future value S is equals to terms because we know what payment we will be receiving from this future value of the lump sum that needs to be in plus I to the power of N minus 1 divided by I so you need to change your payment your N and your interest which is 0,09 compounded monthly so you will have to divide it by by 12 and those who are using financial calculator second function CA second function E slash Y what is your compounding periods E and T on and off your calculator plus or minus what is the value of your payment your interest and your period second function and again and comp what is it that you will receive after this that will enable you for the next 16 years to be able to get 1000 rounds every month are we winning? I'm not winning Me neither I want to try one more time I want to try one more time what is the value you are getting something not that but I'm going to do it again one second I'm getting 68 wait I'm going to do it again one more time hi we are looking for the future value of this lump sum because you are investing it right so it means at the end you will get something but it should that something should enable you to be able to get every month for the next 16 months 16 years for the next 16 years to receive every month 1000 rounds right so that S will be R of 1000 times 1 plus your interest of 0,09 since I didn't divide by 12 I'm going to include it in the formula and how long 16 times 12 minus 1 minus 1 divide by 0,09 divide by 12 and you will get that if you are using your financial calculator I'm going to change the color of my pen go back to my rate so your second function compounded monthly that's 12 payments 1000 of them interest 9 60 when you come that will be how much what do you get I know your intro thank you that's 12 instead of the 16 at the end which is silly I should have known let's look at more examples or more exercises a farmer needs 150,000 to purchase a 10 ton trailer the bank approves the loan for a full amount so the bank will give him 250,000 the interest rate is 18% per year compounded monthly the loan has to be paid off in 5 years time determine the minimum monthly payment we know that we looking for that's what we are looking for we are giving a farmer needs 250,000 the bank approves the loan of the full amount is this a present value or a future value present value loan are always present value savings always future savings or investments so this is our present value because that's the money that they will get now the interest is 18 which will be 0,18 divided by the compounding periods they are 12 compounding periods and how long 5 times 5 years 12 years we use the formula we is the present value so you need to use the right formula so for the present value so e times 1 plus i to the power n minus 1 divided by i times 1 plus i to the power n minus i to the formula your payment is what we are looking for your P is 250,000 your I I didn't calculate it so I'm just going to write the value as I have them if you have calculated it you will know which 5 times 12 is 60 I hope that I still know that 5 times 12 is 60 minus 1 divided by 0,18 divided by 12 times 1 plus 0,18 divided by 12 to the power of 60 because that one is easy to calculate take the accumulation factor divided by 250 you are taking your 250,000 divided by everything that is underneath the pattern those with a financial calculator second function ea second function p slash y put in the compounding period e and t on and off your calculator plus or minus 250,000 and that is your present value why did I give you the amount I usually don't give the amount because I'm giving you all the answers now and that you will be your i and y second function n again and off e and t let's see if you can get this one right when we are done you can just call out the number that it's correct think I'm done which one number 3 oh I got number 4 it is number 4 let's go back let's see the compounding periods they are 12 250,000 I've already given you 18 and the number of years they are 5 the only difference between when you calculate manually and when you are using your financial calculator is that your interest year you don't have to divide by the compounding periods because your calculator knows you also do not have to convert it to a decimal and you use it as you see it and the answer would be number 4 and I also see the calculator okay okay we train PMT to present value and at the end it's called not present value it's called PMT yeah okay so let's move to the next one cherry to take a family to a vacation in two years time suppose she deposited 192 rent 86 cent in the beginning of every week into an account earning 9.2 percent interest per year compounded weekly determine the amount she will have in two years time which looks almost the same as the previous one we'll start with the financial calculator one I'm just going to write I'm not going to identify what is given I'm just going to write the formula and then you solve it yourself and tell me which one is correct so I'm just going to write the steps down because it's very important to write the steps before I use the calculator now the challenge comes here because now I need to give you what is given so yet we are giving PMT but you just need to go and figure out yourself are we winning I'm done which one I didn't calculate so wait my bet you can just wait it will take me a second okay then which one number 4 so therefore it means you did everything right your payment is 192.86 times 1 plus your interest since I didn't calculate that is going to give me a very long number I'm just going to substitute the way I see it on the screen to the power of 2 times 52 which is 104 right 104 be fine minus 1 divide by 0.209 2 divide by 52 and the answer you will get here will be 22 000 0.005 which we rounded off to to 1 okay so let's see if you did calculate correctly and substitute correctly on the other side your compounding periods it's compounded weekly we have established that it's 52 your payment it's 192.86 your interest is 9.2 your period is 2 years and when you come it will give you number 4 happy are we good are we good or moving on to number 3 run out saved the total of 165,000 if every year he has deposited 28,500 into the account earning 6.04% per annum how long how long rounded to 1 decimal place did it take him to accumulate the total amount now you need to ask yourself what is it that they have given you and what are they asking you they're asking you to calculate how long the interest he deposited the amount in the account earning 6% per annum the accumulated amount and they're asking you how long since on year they didn't say anything about compounding periods but they are also telling you how often did they deposit the money therefore it makes it a annuity because it says every year he would deposit into the account this much on a sequential remember sequential payment at an equal interval yearly the payments were the same of 28,500 so we are told the future value which is also the S we are told every year means compounded annually our compounding period will be 1 the amount deposited which is the payment which will be your R or your PMT your interest which is your I or your INY depending on whether you are using a calculator or financial calculator or you calculating by your I N or N so right now based on this information the future value so we need to use the future value of an annuity which is S times 1 plus I to the power N minus 1 divided by I or we use second function CA second function even if it's 1 I always prefer to use the compounding period step so that I don't forget even in the future as well so you will see that second function P slash Y our compounding periods I'm just going to put the 1 since it is yearly and you can go on and off your calculator for a year you don't even have to do this step but I just like to do it anyway plus or minus you're going to put there because you are giving the future value and you are also giving the present value one of them can have a plus or minus so I'll use the 165 165,000 it will have my plus or minus and that will be my future value and you put in your interest which the 6,04 and that is your INY and you will put in the how long is what we don't have but we have the payment which is 28,500 that is our PEMT so I could have just done the PEMT before the interest it doesn't really matter pump we need the how long pump now I'm going to explain this later on as well let me do the site so we know what our future value is it's 165,000 our R is 28,500 one plus our interest now our interest needs to be divided by the compounding periods is it's one so it will be 0,0 0,0604 divided by one which is the same to the power of N N is what we don't know and this is where it becomes so complex because if you don't have a financial calculator this question is going to take you forever to answer it right because you will panic or give up from here 0,0604 I'm going to help those who don't have a financial calculator so we're going to take 165 divided by 28,000 so let's do that 165,000 divided by 28,500 which is equals I'm going to write only the answer to that I get 5,7 8 and you must write the whole of it don't take shortcuts equals because I've already done the division what is left here I need to get rid of the 0,06 so it means I must multiply by 0, I must take this multiply it by 0, 0 604 and what will be left will be everything that is at the top which is one plus this inside I can add them together as well and that will be 1,0604 to the power of n minus 1 what I can do I can bring minus 1 to the other side but before I do that let's multiply our previous answer multiply by 0,0604 equals and my answer this side is 0, 34 9 684 and I must take 1 to the other side it will be plus 1 is equals to 1,0604 to the power of n and if I add this side 1 plus 0, it will be 1, I'm just already doing the math and this 10 changes to 1, in order for us to get n down we need to apply the logarithm so we're going to say n times the log of 1,0604 and this side also the log of 1, 34 9,684 now to get n on its own we need to divide by the log so if I take this log divide it this side my pen is doing its own thing divide this side by the log of 1,0604 which means this side I will be left with n I hope you are able to follow and the answer will be equals to what will be the answer the log with my log on the financial calculator I need to go find my log where is it oh it's on button number 1 so second function log open bracket 1,349 6 did I miss a number I didn't miss any number 684 close bracket divide by the log function log of open bracket 1, 0604 close bracket equals the answer I get is 5 1, 1, 32 and they said round it off to 1 decimal and when you round it off to 1 decimal you get 5,1 yes if you also multiply or you do your financial calculator you will get your answer of 5,1 yes which is option 2 am I right so you just those who don't know how to use your calculator or you don't have a financial calculator you need to know how to use the logarithm I know that I took a shortcut but I hope you will be able to look what I have done when I was taking a shortcut because I don't have enough space here okay that's how you would have answered this question in your assignment because it was part of your assignment we left with 8 minutes let's see the next one Dineaud decided that she will save 3500 per quarter over the next 4 years she will make the first deposit into a savings account in 3 months time she will make her last deposit at the end of 4 years now at the end of 4 years if the interest is end at 6.68% per annum compounded quarterly what will be Dineaud's total amount okay sure let's read that again so that we understand and highlight the effect given so we know that we need to calculate the total amount which is whatever is it the savings yes for savings so it will be the future value that's what we need to be calculating Dineaud has decided to save 3500 so that is an annuity because they say per quarter therefore it means already they told us that this is our payment which is PMT over the next 4 years that is your end right she will make she will make the first deposit into the savings account in 3 months time so remember this is quarterly so quarterly take it into consideration 3 months equivalent to a quarter a quarter is made up of 3 months she will make her last deposit at the end of the 4 years at the end of the 4 years the interest end will be 6.8% per annum compounded quarterly so already we now know what our compounding periods are so our interest is 0.06 there are 2 successes so it should be 6.8 and you can divide that by 4 if you want let's see if I divide that by 4 how much I get so that I don't have to substitute the whole thing 0.0668 divide by 4 I hope it's not a long number yeah it's a long number but it's fine since I calculated it it makes it easy for me to use that 167 you need to keep all the numbers right and your 4 years which is your term so it will be 4 times 4 which is equivalent to 16 this is only for those who are calculating manually so let's do it for those who are calculating manually so this is future value so it's s is equals to your payment times 1 plus your interest to the power of n minus 1 divide by interest which makes it easier future value is what we are calculating you will need to calculate 3500 times 1 plus your interest calculated 0.0167 to the power of 16 minus 1 divide by 0.0167 and then you can go and find that those who are calculating using the financial calculator steps are the same second function c a second function p slash y what is our compounding periods e and t on and off your calculator plus or minus what is it that they have given us think the first one is the payment how long second function and again our interest y and y and we need to comp the future value let's do it for what so let's see if we can get it I will calculate manually you will calculate using your financial calculator someone will tell me how much what will be the accumulated amount so let's see I will start with the one that is inside the bracket 1 plus 0. so me I will calculate manually already have my answer I am waiting for you got number 2 nope is it number 2 check 3 yes I was going to have a heart attack I am thinking must I recalculate because I am calculating manually I am going to use the financial calculator number 3 is the answer the answer is 63 591 0.51883 which 2 decimal it will be 52 so those who have used your financial calculator your values will be as follows compounding periods there are 4 payment 3500 the year there are 4 interest 6.68 and you should also get the same answer okay one last exercise and then we are gone there are couple of exercises that have included but some of them they should be straight forward no body house for 1,000 oh sorry 1,300 in Victoria bottleneck she obtained a mortgage loan at 12.57% and I am compounded monthly with a time of 20 years her monthly payment would be so what is this is it future or present is it a present value or a future value a million present value it will be your present value your interest compounded monthly so your compounding periods there will be 12 right your time and your payment which is what we need to be calculating here I will start with the manual P is equals to R times 1 plus I to the power N minus 1 divide by I 1 plus I to the power N so our I is 0 comma 1 2 57 divide by compounding periods they are 12 can I just calculate that 0.12 57 divide by 12 is a very long number I am just going to write it here 0 comma 01 it might even be longer than the one I have because my calculator is on 6 decimal let me change the decimals display 0 tap 0 9 0 comma 01 04 7 5 you need to write all of them when you are using the manual calculations and your N will be 20 20 years times 12 which should be I think 210 foot right that is 240 let's substitute present value we need to start with the present value it's a million equals the payment that's what we need I am going to change the formula a little bit I am going to start with the payment I am just going to divide P by the accumulation factor so R will be equals to 1 million divide by the accumulation factor so I am doing it by surface which is 1 plus 0 comma 010 47 5 to the power of 240 minus 1 divide by 0 comma 01 04 7 5 times 1 plus 0 comma 010 475 to the power of 2 foot I shouldn't have put the bracket to restrict me so you will have to calculate that those who are calculating using the financial calculator you should get the answer before me second function C E A second function E slash Y what is your compounding period E and T on and off your calculator plus or minus they have given you a present value so you can just put the value of the present value what is the interest given and how long second function N and again and then comp E and T so I am going to use manual calculation you calculate with your financial calculator let's see who gets it first 1 0 0 0 0 0 0 3 million I hope there are enough I got number 4 hey you are so quick I am still going manual calculation you see it takes long but I will get there just give me few seconds I am almost done 240 my answer is 1483 4.026 which one did you get I got 1483 03 1483 4.026 which is 03 so you also get the same yes thank you very much especially if if you have a cashier you just need to also know how to use your cashier calculator so that then it doesn't take you long I use the fraction for the cashier calculator so I did the first fraction just to get the million and the bottom one and then I went back to the bottom one and I did brackets and then I included the fraction again inside the bracket so I hope I had my calculator on so that I can show you how to do that but next week when we do amortization I will try to activate my calculator online because it keeps on booming out especially with the load shading my calculator doesn't hold any longer so it bumps out every time I need to activate the license so that is a new it is actually and I have also included in the notes with you guys in the notes section additional other information but some of this because amortization and annuities they relate in terms of present value payment so we are going to still you will see that some of these exercises you might also see them again next week when we do amortization because we are there then after calculating the present value of a load we need to amortize it so you might see that especially when we deal with loads so anyway there is questions exercise 6, exercise 7 which comes from your assignment I think you can go through that again if you are not sure when you are submitting your assignment now you can go back and see if you are doing the right answers now so in conclusion we have learned how to do basic calculation when it comes to future value of an annuity and the present value of an annuity I will see you next week have a lovely lovely evening and enjoy load shedding and I guess today it was good for us because we didn't cut off due to load shedding thank you very much please remember to complete the register and bye bye bye


Welcome everyone to the addiction recovery channel or I'm Ed Baker and I'm your host producer. I'm very pleased to be with you Here this morning. I'm especially indebted to CCTV for accommodating This manner of producing the show. We're doing our first show by zoom I'm sure we're not alone in growing accustomed to zoom zoom has become everybody's friend during this most profound Corona virus Today, we're fortunate to have Gary DeKerales who is the executive director at the Chittenden County Turning point as our guests. Thank you so much Gary for being with us here this morning Glad to be here Ed. Thank you. Yeah. Yeah, and I know that you don't have a lot of time and your time is well spent So I'm particularly indebted to you You know needless to say, I mean, we're all under a lot of stress Equals of COVID-19 We're all trying to adapt and do our best to Stay in and stay safe and protect. They're very vulnerable. I want to recognize that I know you're doing that Gary and I'm doing that too. I want to recognize that. I want to start by setting a little bit of a context for For Vermont very very briefly as of yesterday April 8th the health department was Reporting a total of 23 fatalities in Vermont due to COVID-19 That was the same number that had been recorded on The day before on April 7th, so there was no no increase in fatalities and that's that's good But one death is is too many. We all know that The other the other interesting Fact that bears upon our show today or interview today Is that the the bulk the majority of fatalities is in Chittenden County? Chittenden County, of course, is where the Chittenden County Attorney Point Center is so we're one of the most effective affected counties and Gary, I wanted you to just maybe begin with that. I know that You know providing services to people with substance use disorders or heart And the last thing that you want to do was to close down You know access to the center itself. Can you talk a little bit about that? How that was for you and what what exactly went into that decision? Sure, I'd be glad to add I think as We entered this whole coronavirus Pandemic here in Vermont The first thing that was on my mind was can I assure that my staff who are all in recovery themselves? Are going to be safe if they come into the center and the answer to that? Was if we this is you I couldn't Act I think how we operate here, which is how a large kind of a great room where people gather Yeah, just the opposite I thought that I would be putting staff and other guests in jeopardy by remaining open Yeah, yeah, and I for those of the viewers who have certainly the governor's been very good about laying some Yeah, playing some clear guidelines about all this as well so So we had to close the center in terms of physical contact, but we are very much open in terms of social contact Through me like this phone boom meeting and We're doing that seven days a week and we're not we're not closed for business. We're just closed for being socially connected Physically connected. We're socially connected. We're not physically connected Yeah, and that that doesn't surprise me at all Gary that you would make the hard decision For the common good and then do as much as is humanly possible to continue to deliver Well, what are what are really needed vital services to people with with substance use disorder? And I guess none of us are really immune from these hard decisions. I mean we have close family you know a grandchild and and And our children who live right by five blocks away and we're a social distancing From them. Well, we're not we're not we're not getting together because we don't want to risk Transmitting the disease we all know now that people can be a asymptomatic and be infected with COVID-19 and Certainly the recovery center is a place You know that supports intimacy and interaction and closeness and it must have been a really difficult decision to to Protect the common good. Yeah, yes We were the first of the 12 centers to close but it wasn't soon after that the other 11 Also did the same thing You know and I was on a meeting yesterday another zoom meeting and someone said, you know We're we talk a lot about social isolation during this time, but we're really talking about physical isolation not necessarily social isolation because of Platforms like this where we can stay connected Actually see each other hear each other And I I'd like that reframing of this. It's physical isolation Versus social isolation and as you know Ed one of the biggest enemies of Recovery is isolation. Yeah, so it is very important that we do stay connected during this time Yeah, you know, I have a lot of associates that are in recovery and also attending alcoholics anonymous and I don't know too much about other 12-step programs and how they handling this but alcoholics anonymous Has done an exceptional job of setting up zoom platforms. There's meetings all day long People are going to meetings people from Vermont or all of a sudden going to meetings in Louisiana and you know Arkansas and New Jersey and meeting new people and having new friendships. So there's this there's a little silver Lining and now people are staying connected people with technology anyway people who have technology to do that It's something to say Yes, absolutely. We have a recovery community yoga program here Yoga probably times a week and One of the interesting things is the they've gone to a zoom platform as well And they're having people come who physically weren't able to come in the past join these zoom yoga classes And then people from all over the state are joining in as well So the numbers are actually bigger than they ever were when we could just offer physical Connection that's beautiful. That's really beautiful Gary. You know, so I wanted to um, I wanted to accentuate something that That you and I know and people familiar with people with substance use disorder Know that this is a very vulnerable population without COVID-19 but but but the population with substance use disorder is actually more vulnerable to serious symptomatology and fatality are resulting from COVID-19 people who COVID-19 attacks the respiratory system the coronavirus attacks the respiratory system people who smoke cigarettes are more at risk people who THC people who they Nicotine have diminished lung capacity. They are more at risk people with opioid use disorder opioid Use will depress our respiratory function So people with opioid use disorder who contract COVID-19 are also at more risk for fatality Methamphetamine constricts blood vessels which can lead to pulmonary Complications so people who use methamphetamine are more at risk for fatality if they Interact COVID-19 you and I know that not all people with substance use disorder Lack access to health care But by far the great majority of the people you come into contact with at the recovery center Have inadequate access to health care, which is another complicating factor housing There's so many other variables that affect the population that that you are dealing with so I'd like you to To you know with with that in mind. How are you continuing? To do your best and have your staff do their best to maintain support for this population. What are you doing gary? Okay, well and by the way, Ed you what you just said is very very true unfortunate Many of our guests that went through our in recovery are still smoking and cigarettes and They their lung capacity is compromised during this Coronavirus pandemic what we're trying to do here is to pivot as quickly as possible so that we could keep connections and even extend Ourselves to connect with people that we have worked with in the past. I'll give you an example. We have Recovery coaches up at the emergency department. They've gone from actually physically being in the emergency department To being able by and if a doc is seeing a patient that as a An addiction that came into the emergency department for something related to their addiction And so we're doing that but more so what we're also doing is we have seen over 600 people in the last year and a half Up at the hospital We're connecting with all those people to see if they want some support during this time. Whoa Back over your records and reaching out to them Exactly beautiful and and then if they do want continued support or renewed support during this time our peer support Specialists are here. They're gonna give me the name and contact information and then one of our peer support specialists We'll put them on a rolling contact with them as long as they want and then Also our recovery coaches are reaching out to all their folks that they've been working with To make sure that they know they're available for meetings through zoom or phone calls And then we have seven-day coverage by phone here In the center Someone can call<PHONE_NUMBER> and someone Will answer whether it's or again another person and Sure, we to where they want to so we're trying to pick up as many pieces as possible to Make sure that we're connecting to as many people as possible And do you find that is that being utilized are people calling in a people calling that number of people utilizing Staff for support, you know, they are they are and but not as much as I'd like to see to be honest with you There's a lot of people that would come into our center that I don't know what's going on for them right now And it's a great concern for me Yeah, but I'm hoping as we keep moving out and letting the public know that we're Available open on calls that will continue to spread out and reach more people And I imagine when What we're calling Social what what did you what did you call it? So rather than social isolation is what's used a lot today What we're saying it's physical isolation and we want to keep connecting with people in a social way other than Physically, so I imagine when when physical that when the need for physical isolation is Gone, you know, which we don't know when that's going to be but when we're allowed to come to it again that you'll have some aggressive Programs in place to reach out to the communities and popularized at the recovery center is opening And I'll help you with that if you'd like we can do a show on a opening of the recovery center and get that message out There to as many people as possible That would be wonderful. I'd appreciate that very much that Absolutely, yeah, you know because I mean I know how deeply you care about This population and I do too and you know the good thing the wonderful thing that I know you you've seen over your years Working very very closely With this population is they they they look out for each other So we have to kind of take some solace in that that they're doing their best to look out for each other out there You know, I want to thank you for everything That that you're that you're doing You know now I think that that this show here. I would like I would like This will be shared. I hope widely and Maybe it'll get out to people actually in recovery or in early recovery So I know that you had some specific things That that that people can do, you know, like sort of you had mentioned creating Routine reaching out to others at all costs What would we would go let's go over some of those what's the importance of creating? This is During this time as I we talked about earlier, this is no so we have to we have to have physical isolation to protect ourselves from this virus That's a given but we need Connection and you know The the enemy of recovery is isolation. So what do we do and there's some people who might be less Aggressive and seeking out that connection and I encourage them to push themselves to call somebody Yeah, if it's calling us terrific if it's calling a friend or family member or even someone you haven't been in touch with for a long time reach out and You're not only helping yourself, but you're also giving the other person an opportunity To do something to help a fellow human being and so I'm I encourage people to do that at all costs and and really For those that have social anxiety this might be difficult, but it is incumbent on you to do that Second of all, I think physical activity during this time is very important Yeah, you know my wife and I take a walk you add in and Ellen take a walk every day Yeah, that's just to keep the body going keep all the the parts from the brain to the toes Yeah, yeah, and so I encourage safe walking Wear a mask if you're gonna be around other people and don't they say isn't there there's a saying a Move a muscle to change the thought So, you know if you happen to be in early recovery and you're having a hard time if you're a little bit depressed Move a muscle go for a walk, you know something change that thought around do something positive It's the difference between being active and being inactive is really important Absolutely, and if you know if you don't want to go out of the house Put some music on and do some wild dancing in the house, right? No one's got to see it, but it'll get that body moving It might be embarrassing but see how many push-ups I like this one Gary, I really like this one a lot Explore getting to know yourself like never before you had said that what do you mean by that? Well, you know it is a time for reflection I mean we're probably spending more time by ourselves now than we've probably have in years if not ever yeah, and so sometimes You know writing can be a very helpful way to get some of that out about who am I and what am I all of them? What do I want to do in life? The other thing I know for having been in Career for years a lot of things that I love to do when I was younger that my work over the years It washed him away. I had forgotten about him and so during this time. It's been helpful for me, and I think helpful for other people That's back. What are those things that I really really enjoyed doing and those things back? Yeah, you know Those are the those are the things that help renew or charge the battery so to speak and so it'll And we need those things right now We do we do well I encourage people to do that work So we do we need those things more so than ever before so create routine Try to create routine reach out reach out even when it's difficult Even when you may may not be used to reaching out because by reaching out You can help someone and by reaching out a person a person can reach out just to make contact or a person can reach out for help When when when someone reaches out to me for help and I can actually help them that is incredibly rewarding for me It's not a cost exactly. It's a benefit to me So people out there who need help reach out for help. Don't be ashamed to reach out to help do that Because you know the other side of that is someone's gonna reach out to you for help too and so it's a 50-50 deal here and We're all part of the same community and and we just got to keep in a sense creating community by that reaching out Yeah, good good point caring, you know the other thing that's going on that that I'm aware of is there are there are a few confidential recovery sites on Facebook and They are very very active now. There's more and more people connecting on Facebook in a confidential You know a a site or an a site where you're not breaking anonymity to talk to people about your recovery or a a puts It's a special a a site so it urged those out there who haven't yet found those to seek Some of those sites and get invited to join some of those sites They're more and more there are very many ways of supporting each other that we're Creating all right. I know that dumb. I know you're very busy Gary, I want to tell you that I'm hoping that next week or my next show. I think I'm gonna have Grace Keller on from good a safe recovery and talk about people with Engaged in harm reduction support services. So I I just can't tell you how much that I Appreciate what you do your leadership Your your unwavering Dedication even you know in the face of the corona virus you're out there Doing the best you can I want to commend you for that I want to thank you for that and I want to just give you this last 30 seconds or however long you want to take you just give a you know Say your message whatever message you have for the viewing audience and then we'll we'll wrap up the show Okay, well, thank you and thanks for your kind words You're it takes one to know and my friend So what I would say for folks beyond what Ed and I have already talked about is go to our website at www turning point center VT org and in on that website at the home page right now. You'll see a button that says resources available during this corona virus time and Those you'll see in there Meetings and activities that we've got going but you also see a button If you want to have a recovery coach, just hit that button Give us the contact information and we'll get it to our recovery coach supervisor and hook you up with a recovery coach almost instantly and I so we're here for you and please take advantage of that Don't be shy You know apologies. It's we're all in this together and I want to come out of this all together as well I don't want to lose one person if we can avoid that and so Thank you for the opportunity yet for being on your show and I wish you and Ellen the best Thank you. Thank you guys into you and Barbara and for the viewing audience.  You can write down that website you can write down that phone number and You're not alone as long as Gary the Carolus is in town. You're not alone. Thank you Gary. Thank you. Bye. Bye


So, hello everyone. I'm super excited to be here at India's first large-scale new conference. And we have been pushing for this to happen for quite some time now. As I mentioned, we have done a lot of effort in getting the word out, getting dog proposals and getting view, view lovers from different parts of the country. So, let's start by taking a look at the current state of the view ecosystem. Its community aspects and some of the recent technical developments. So, sit back, relax and enjoy the view. So, a brief history. View was created by Evan Yu. He was working for Google in AngularJS for a number of projects. So, in his own words, he figured what if he could just extract the part that he really liked about Angular and build something really like we don't talk about it. And voila, view was born. So, views are JavaScript-based. Yes, it's also progressive in nature. So, if you're building user interfaces, it proves to be a great choice. And you don't have to take a word for it.  You'll always hear positive things about views. And by design, it's very easy to pick up. And this comes with contrast to other monolithic frameworks where typically you would have to do a full migration. So, as we've seen the upcoming talks today, view is not just suited for quick prototyping. It's perfectly capable of powering large-scale applications as well. So, what's the buzz around ViewJS anyway? In mid-2018, View became the most-starred JavaScript framework on GitHub. And earlier this year, View became the second most-starred project on GitHub that is across all languages. And that's just only behind free code camp. So, booyah! Now, I'm not saying that more GitHub stars equals more usage. It's just that View is no longer the new kid on the block and it's definitely worth checking out. Let's see some of the adoption numbers. View has over a million weekly downloads on NPM. And not only that, it has more than 900,000 weekly active DevTools users. So, DevTools is a browser extension which helps you in debugging. This number really represents the large group of the developer community. And from my point of view, pun intended, this is more significant than the first number. Because NPM downloads can include a variety of use cases, right? It can include numbers, downloads from automated CI builds, robots, downloads of packages for their analysis purposes, etc. But DevTools provide a leading indicator of what's going to come. So, these 900,000 users are using View in their day-to-day development work. And a significant number of them are going to write more of their future applications in View. Now, these are the number of hits on the JS Deliver CDN. So, if you see the eighth place, View has over 900 million hits in the last 30 days. That's more than 30 million hits a day. That's pretty huge, right? And if you compare it with the NPM downloads number, this is like way, way higher. And that is because View provides a drop-in solution as well. You could just add the CDN file, the script app and any application, any application, you're ready to use the power of View. Now, the two other numbers to note here are the jQuery and Bootstrap numbers, the seventh and eighth places here. And if you compare the numbers, that's pretty close, you think? So, okay, no more numbers now. Let's move on to something real. Who uses View in it? So, for starters, Laravel is the one who started View's adoption. Then we have GitLab, who was again one of the early adopters of View. Behance uses View, Apple is using View, and the list goes on and on. Now, one of the other frequently asked questions is that, is anyone using View in India? Yes, the answer is yes. We have started seeing adoption in India and some of the companies using View are your story, Zoomcar, SoulStore and many more. So, the key point I'm trying to make here is that View is now already being used by many of your peers. And this makes the case, like if you're considering moving to View, this case, this makes the case for using View in your organization a lot easier. But does it have an active community? So, I'm proud to say that View's back, View Backloads community is now two years old. In over 900 members, you can find the link at blr.view.community. I'm hoping we hit the thousand-member mark by the end of today. And we host regular monthly Meetups covering a variety of topics. And more importantly, this means that if you face any problem in your day-to-day development, you have people you can reach out to for help. And that's pretty powerful. And other cities like Hyderabad, Delhi and Tune are falling short and have growing companies. Future looks right. Let's move on to the technical side. So, Macross is the core name of the latest release of View, which is version 2.6. And there's an interesting naming convention here. So, every big release is named after an anime with the X letter of the alphabet. So, like in the past, we have had Ghost in the Shell and Dragon Ball as well. So, you're welcome to place a bet on what the next one might be. And if you're just getting bored someday, you could just want a curated selection of anime to winch watch, open the releases and go through that. So, let's see what it brings. One of the most important things that was released in View 2.6 is the new slot syntax. We had an RFC for it and we'll talk more about it a bit. It also comes with an improved asynchronous error handling. So, if you are using sync functions in your life cycle books, the errors during those processes will now be captured by View's error handlers now. And you'll also be able to send these numbers to, like you can handle them, you can monitor them, maybe send these numbers to sentry, do anything. This also releases, this release also improves the compiler error messages. So, now, if you're making any syntax error in your template, View actually points you to the code frame where you have made the mistake. And for a point worth highlighting here is that this feature was contributed by a community member. Finally, we have the built-in data prepared support during server-side rendering. And this is pretty important for solutions because up until now, there was a restriction that can only place your data fetching logic in the top-level route component or in the specific component. Otherwise, that will be a skill. And in View 2.6, we have removed that. You can place your logic anywhere in your component tree. And this also allows higher order solutions like Nuxt to leverage this to simplify their implementation and make things easier for you. So overall, it will result in a better development experience for anyone using server-side rendering applications. So we talked about RFC. What's an RFC? RFC is a request for comments process. This is a framework for proposing changes in View. So you can just look. For beginners, this is a way to get involved with the community. You can go visit this link on GitHub and propose any ideas you have on how we improve View. There are open proposals as well where you can participate in discussions and continue. So this makes things open in the sense that now you have an opportunity to voice your opinion. If the coding, let's say, misses an edge case, you can point it out. And now, like from now on, all of the breaking changes go through RFCs. So it's a very good place to keep an eye. Now let's take a look on some of the recent RFCs. So the new slot syntax that was introduced in 2.6. So let's see what it brings. So for scope slots, it brings more clear syntax. We'll see some examples on what that means. And when you're using name slots, this brings a uniform experience. That's also in line with improving DX or development experience. So let's see some examples on how this unification looks like. So this is how... So the first put block shows how we used to define a default slot with text before. And the bottom one shows the new proposal. So when you even wanted to just pass a text in a slot, you would have had to wrap it inside a template attribute and then you would have named it. You are passing the props. And now with the introduction of vslot directive, you can just bypass that altogether. You can just add that vslot directive on the full component itself. And this makes things easier. Now if you don't have text, if you have an element inside. So here is an example where the message is rendered inside a div. So this also makes things similar to the previous one where you just put the directive on the component and using the template syntax, the prop gets rendered inside the div attribute. And here's an example of named slots. So notice how we have had to define two attributes, one slot, one slot equal to one defines the name, and the slots go. This is now replaced by vslot colon the slot name. And this is where I was talking about the unification and more consistent experience. Everything else is the same. Now let's move on to another RFC. This is a bit of a controversial one, because this has made some headlines recently and some even called it use darkest day. So let's see what happens. So this is an example of a component where the logic is you have a count variable, you have a double variable, which is supposed to include show store the count into two and you have a button where on click, it has to increment the count variable by bar. And this is how we are used to writing the script right now. We export it in a data variable. We write the material increment and we add a computed property double. This is what was proposed. You define the constants count double and increment and just return everything and the initial reaction including mine was this is quite complicated. And it goes against the principle of the whole point of view is like it's simple and this is not simple. And the best part about RFC is that they are not set in store. So we had a lot of discussions and this is some modifications made and there are some key things which I want to clear. This change is purely additive to 2.x. It doesn't break anything. You don't have to rewrite anything if you don't want to. I just keep using view the way you are using and there's no plan of duplicating the object right now. It stays for the foreseeable future. And here is the revised RFC. This is how the view had taken suggestions from the community and discarded the previous RFC and this is the revised RFC. And it makes things simpler by retaining the benefits of logic views and better type inference. And this is the RFC that was closed where you have everything count double and increment different and this is the new proposed RFC. It was opened quite recently like 2 weeks back and to emphasize again this is an open state and you can join the discussion on GitHub right now. So this is like more in line with the current syntax where you have a state object which includes everything your data and configurable you have a function and you return that. So let's quickly take a look at some of the other things everyone needs a mobile app nowadays. So for building those we have solutions like native script view and weeks. And we are also maturing portable based solutions like Prasar, I think 4 and also new one. Prasar recently released a 1.2 version earlier sometime this year and it's really impressive you should check it out. We are moving on to server side rendering. It's been on the rise in recent years and happily so because of the benefits it provides better SEO and faster time to model. And the view system is also sorted on SSR extend the pnds people again are the most popular choices for achievements. Coming to sustainability as GitHub stars don't pay the bills and the major one of the major difference which makes you stand out is that it's not backed by any corporate. So but the challenge that comes with this is that sustainability on like how do we get people to continue working on this and making sure the quality is not compromised. So even as a patient to fund this full-time work on view and there's also an open collective which is backed by the community which fund the work by the whole team members. So in terms of sustainability I would say it was a pretty good shape and it's going to stay. So to summarize. View is getting more popular day by day and has started getting adoption. People around you are either already using view or learning view. The latest release of 2.6 has brought some performance improvements as well. It's views flexible. Now there's an important point. The flexibility is in the sense that it doesn't force you to use any particular template syntax or even TypeScript. You can just use again stylus if you don't like closing HTML tags. It's very flexible in that. The mobile ecosystem is quite mature now and is ready to take on your requirements. Thus it's sustainable. So it's here to stay for a long time. And view 3 is coming. So despite what you may have heard it doesn't force you to use TypeScript. It's your choice as development experience has always been one of the most important views books and today's closing talk will do more details about it. So stay tuned. And that's all from my side. My name is Swapnil and you can find me at Swapnil.net. Thanks everyone for being here and have a beautiful day.


NN. The Tiger. Financial News Network. Update. Welcome folks, we have the Dow Industrial has finished up 700. NASDAQ up 139. S&P is up 60. Gold. Gold contract down $30.30 at 1965. We have Silver off 28 cents, $23.70 an ounce. Light sweet crude up about 75. $71.85 a barrel. Notes and bonds. Attending a note. Now down 29 ticks, $113.27. The 30 year off 30 at $127.29. And $Kingdala. $Kingdala up 472 ticks. Trading 104.032. Euro 107. Yen 139. British pounder 124.1 US dollar. And what I forgot to tell you folks, the last one is that, so in the Inflation Reduction Act, if you go look at Tesla, Tesla, okay, bottom line is getting a $1.8 billion credit out of that act. I mean, that's only, you know, 1.8% of their revenue, but the bottom line is that you talk about getting money. I mean, that's about as intense as you get now. That's coming up to its highs and the volume is contracting, but you talk about found money, that's found money. We go over to the S&P, we take a look at it, you know, at the beginning of this week, as to where we are right now. These swing points, they did seem like a long way away, but guess what? They're not, you know, they're right next to them now. You closed up $6.10 and at 427.92, and this is a game, 431.70's game. And the X, that is also game 2. That has another 20 points. You're at 354. And that one there, we are at the 371. Yeah, 371.  Now what are we going to do? Now we're going to go back to inflation in the Fed. And if we take a look at inflation in the Fed, the bottom line is that yet the next meeting is out here is on the 14th. And the bottom line right now, we're 5 to 5.25.  If in fact we've topped out in the rate structures, you know, if we back down at all in rates, you know, you're going to see every asset class go up. Have a great weekend, folks. Have a safe weekend. Come back and visit Tommy Monday morning. Got to kick us off 9am. Yeah, look at him, folks.


This 2012 Ford Mustang V6 Premium is stock number 11821Z. We are here at Summit Automotive in Fond du Lac, Wisconsin. You're new and used sports car headquarters. Today we are checking out this 2012 Ford Mustang V6 Premium. This one has the 3.7 liter V6 motor, which pumps out 305 horsepower. This car has been fully safety and inspected by our service shop for the state of Wisconsin inspection process. It has a fresh oil and filter change. All the fluids have been checked out and topped off. This car is 100% ready to go. Ingot Silver is the color. We shoot all of our videos in 1080p, 60 frames per second. So if you have HD capabilities on your computer, tablet, or smartphone device, turn them on right now because it is definitely your best way to check out the quality. And condition of the car before seeing it in person as well as the options. Speaking of options, this one has the hard to find glass roof. That's a pretty cool thing and we'll check that out from the inside in just a little bit. If you want to subscribe to our YouTube channel, the bottom right hand part of the screen is a gold subscribe button. Click that and subscribe and click the bell notifications to get updates of our daily videos that we do each and every day from our new and used inventory. This one comes with the 19-inch painted and polished aluminum rims. It has Goodyear Eagle F1 25540 ZR19 tires. And these tires have a ton of tread left. I'd say 70 to 80% at least. Very good tread left on these tires. Four-wheel disc brakes on this car. Ingot Silver has got a little bit of metal flake to it. You can see there. A little shimmer to it. Has the HID headlamps. Front bumper is in pretty nice shape. I didn't see any major cracks or scuffs on there. Headlight lenses are nice and clear. And the hood is in excellent condition on this car. I didn't see any dents or dings on that. Passengers side front fender, very nice as well. And the passengers side rim, no scuffs or scrapes. In fact, this car doesn't have any scuffs or scrapes on any of the rims. And we'll get to the rest as we go along here. But as you go down this side, the car take note of how clean the body is, how reflective and mirror-like that paint is. We take these HD videos so if you are far away, or even if you're close by and you just cannot make the trip down, but you're still interested in purchasing the car, you can see the car, hear the car, and have confidence in what you're looking at before you even get here so that you can make a smart buying decision about the comfort of your own home. I didn't see any dents or dings down that side. And that right there is something you just can't get from pictures. Back rim, no scuffs or scrapes. And the back tires have just as much tread as those front tires. Very new tires on this car. As we come around to the back of the vehicle, you'll notice it does have the back of parking sensors and the dual rear exhaust. The back lid spoiler has a matte sticker on the black, a black matte sticker on the back there. The deck lid is in nice shape. I didn't see any dents or dings on that. And as we come around the driver's side, you'll notice that this one does have the capitalist fuel fill, which is a really nice feature. And for full disclosure, this back rim, no scuffs or scrapes on there, like I said. Very nice rims on this car. Down the rest of this side of the door looks good. You do get the power mirrors with the blind spot mirrors on there. And we'll check out the interior in just a second here. But I want to show you the trunk area first. Not much to see back here, but it is very nice and clean. And you do get a tire inflator kit back here. Those seats fold down for extra storage. Now back to the interior. This one comes with a kind of a light tannish gray leather. Both of these front seats are heated. You get side current airbags. The back seats are very clean as well. You get the latch child safety system for any child car seats. Like I said, those seats do fold down with the little straps right there. No lips or tears on the side or heavy wear. And power driver seat with lumbar comes with a set of weather tech floor mats, as well as Mustang Club of America floor mats underneath. Auto headlamps, power windows, power locks, and power mirrors. We'll hop inside, take a look at the ignition and the radio. You can see that this one has 20,425 miles. You get the white faced instrument cluster that's also illuminated in the background there. Very nice and clean. Comes with the leather wrapped steering wheel, Bluetooth and audio controls on the right and cruise controls on the left. Once again, no scuffs or scrapes on that steering wheel. CD player, AM, FM, and Sirius XM radio capabilities. You get your heated seat buttons right there. Stability control, your six speed manual transmission, your sync for your Bluetooth phone. And this one has the backup camera in the rear view mirror. So that's a pretty neat feature right there as well. Going up to that glass roof, you get your home link buttons right there for your garage door security systems and lane systems. But this is a really cool feature of this car. It's almost an open air except there's glass there of course. Now you can, if it's the sun's out and it's too hot, you can put the shade up like so. And then you can slide it back like that. We'll start it up and take a quick look under the hood. Starts right up. No check engine lights or anything like that. I would personally like to thank you for checking out the video today. And hopefully from this HD video, we've been able to tell just how clean this car is all the way around inside and out. HID headlamps there. Once again under the hood we have the 3.7 liter V6 motor. Engine bay is very clean, runs very smooth. Once again this car has been fully safe and inspected by our Silver Shop as a fresh oil and filter change. All the fluids have been checked and topped off. And this car is 100% ready to go. I would highly recommend this car from a quality and condition standpoint. And to see more pictures of this car, one of our other 450 new and used cars, trucks, SUVs, minivans, Wrangler, sports cars, Mustangs, Challengers, Chargers, Corvettes, Camaros, you name it. We got to go to that website right there, www.SummitAuto.com. Full pictures and descriptions of every single vehicle, two locations, all at SummitAuto.com. If you'd like to check out more HD videos, you can go to www.youtube.com. Remember to like, subscribe, and share on this video and all the videos that you see there. In fact, in a second you will see a link to subscribe to our YouTube channel on the upper left. A link to more Mustang videos like this one on the upper right. A link to this vehicle on our website in the lower left. And a link to one of our latest YouTube videos in the lower right. Click that, check us out. Remember to like, subscribe, and share. We really look forward to helping you with this Ultra Clean 2012 Ford Mustang V6 Premium and Ingot Silver Metallic. Thanks again for checking out the video.


Let's take a look at what you're doing. We call it the soda machine. It's the shell-on-demand appliance. And what it is is it basically distributes VMs. When you put in a dollar, the display lights up with what available VMs there are. And when you press the button, it will spit out a virtual machine for you. You would jump on the Defcon Wi-Fi network. You can SSH into the IP that we give you. And then you get a username and password. You pop that in. And it should be good to go. All right, let's take a look inside. Not your normal drink machine. I gutted out all the original hardware. And we're left with a server rack with four Dell R630s mounted, roughly 350 Xeon threads of CPU, two terabytes of RAM, about 16-ish terabytes of solid state storage. This is DP. Oh, yeah. The MDB to USB interface that allows us, it's a debugging tool, and it's all custom PHP code. We built a transact. You built that out. Actually, Balsa did, but yeah. I put this together. I was Balsa's remote hands, essentially. He over in New York, me down in LA, we just did this remotely during, I think, the two months lead up to last year's Defcon. This is a great example of your upcycling. These are the thermal printers right here. Like restaurants and stuff, right? Yeah, yeah. Restaurants use this particular one for Uber Eats, I believe. On the other side of this door, that's all the logic for the door panel. Like a Raspberry Pi? That's just a Raspberry Pi 4. There's a din rail switch and a breakout cable. It's a lot of moving parts. It's not just virtual machines in a data center in a cloud. You have DC power. You have networking. You have Raspberry Pies and button matrices. My wife actually wired the loom for all of the LEDs. That's some nice management right there. Thanks for showing us, man. This is a beautiful piece of work.