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I am based out of Phoenix AZ and would like the assignment to reflect.
Refer to the Major Assignment 3 attachments for details on completing the assignment.
Prepare the written portion of this assignment according to the guidelines found in the APA Style Guide, located in the Student Success Center.
This assignment uses a rubric. Review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.
You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.
Benchmark Information
This benchmark assignment assesses the following general education competencies:
University Foundations
GED1C3: Articulate strategies of self-leadership and self-management.
Effective Communications
GED2C1: Construct logical, cohesive, and persuasive arguments.
GED2C3: Exhibit proficiency in Standard American English for academic purposes.
Critical Thinking
GED3C1: Demonstrate clarity and logic in asking relevant questions and acquiring knowledge.
GED3C2: Apply appropriate critical inquiry strategies (e.g., inductive and deductive reasoning, analysis, evaluation, and synthesis) to issues and questions.
GED3C3: Make informed decisions based on historical, current, reliable, and valid information.
Global Awareness, Perspectives, and Ethics
GED4C4: Use knowledge of the past to develop understandings concerning the present or future.
Christian Worldview
GED5C2: Analyze the impact of the Christian worldview as it relates to human value and dignity
Major Assignment 3 Excel Grading Sheet
Rubric
Category
(% weighting
for
assignment)
Requirements for full credit
You have entered your full name in the field provided. (Note that entering your name
on this sheet is required in order to complete the assignment.)
You have listed at least 8 budget items total with at least 1 item in each category.
You have entered the number of times purchased and purchase amount for each item,
Project Budget and at least 3 items are purchased more than once.
(15%)
Your Total Cost for each item is a formula multiplying the number of times purchased by
the purchase amount, using appropriate cell references.
Your Subtotal formulas are correct for each of your 4 sections.
You have explicitly formatted your Cost Per Purchase, Total Cost, and Subtotal cells to
display as Currency with the $ sign and 2 decimal places of precision. (1/2 point each)
You have transferred your Subtotals from the Budget to the Summary and Analysis
section, using formulas with cell references.
Your Budget Total is correctly calculated from your Subtotals as a formula using cell
Budget
references.
Summary and
Your Percentage of Total formulas are correctly calculated from the Subtotals and
Analysis
Budget Total in the Summary section, using cell references.
(11%)
Subtotal and Budget Total cells are formatted as Currency showing the $ symbol and
with 2 decimal places of precision, and percentages are formatted as Percentage with 1
decimal place.
Your month and year entries are correct following the first (generated) values.
Your CPI values are correct for the months and years given.
Your slope and y-intercept formulas are correct and use the appropriate Excel functions.
CPI Values,
Slope, YIntercept, and
Cost Projection
(16%)
The year number to use for your CPI projection is correct, and you have brought your
Budget Total forward using an Excel formula with appropriate cell reference.
Your formulas to calculate the projected CPI value, 5-year inflation rate, and 5-year
budget projection are correct.
Your formatting is correct for all cells: your CPI values are formatted as number with 3
decimals of precision; your 5-year inflation rate is formatted as a percentage with 2
decimal places; and your 5-year budget and budget projection are formatted as
currency with the $ symbol and 2 decimal places.
Your interest rates correctly match the corresponding entries from the table for the
years and months given.
Funding – Inputs
(5%)
Your 5-year projected budget total is brought forward from the Project Budget and
Funding – Inputs
Projection sheet, using an Excel formula.
(5%)
Your interest rates are formatted as percentages with 2 decimals and your budget total
is formatted as currency using the $ symbol and 2 decimal places.
For your Sponsorship calculation, your number of compoundings and time inputs are
correct, and your principal amount and 5-year sponsorship amount are correct Excel
formulas using appropriate cell references.
For your Fundraising calculation, your number of compoundings and time inputs are
Sponsorship,
correct, and your 5-year fundraising total calculation is a correct Excel formula using
Fundraising, and
appropriate cell references.
Loan Payment
For your Loan calculation, your number of payments and time inputs are correct, and
Calculations
your additional amount and monthly payment calculations are correct Excel formulas
(12%)
using appropriate cell references.
All cells with dollar amounts are explicitly formatted as Currency using the $ symbol and
with 2 decimal places. Cells with n or t entries are formatted as Number with 0 decimal
places.
el Grading Sheet
(optional for
student use) Did
you meet the
requirements?
Possible
Points
% Score for Rubric
Category
Rubric Score
0
0.00%
Unsatisfactory
0
0.00%
Unsatisfactory
0
0.00%
Unsatisfactory
Your Points
2
8
8
16
16
10
Subtotals
60
8
4
16
9
Subtotals
37
10
6
8
4
12
12
Subtotals
52
6
2
4
Subtotals
12
0
0.00%
Unsatisfactory
0
0.00%
Unsatisfactory
12
8
12
11
Subtotals
43
1 Enter your full name in the blue-shaded box here. If
your full name is less than 10 letters long, add additional
letters ‘X’ at the end until you reach length 10.
2a Below, you will develop a budget for your project, including entries for personnel costs (for
yourself, other paid individuals, legal or consulting services, etc.); administrative costs (rents,
fees, utilities, insurance, IT costs, office supplies, travel, etc.); outreach costs (advertising,
recruitment, fundraising, etc.); and program costs (supplies for use in assistance, cash
distributions, payments for direct services to recipients, etc.). You must enter at least 8 budget
items in all. Each category must have at least one budget item. For at least 3 budget items,
your expense quantity must be greater than one. Format all costs as Currency with 2 decimal
places. To start, modify the cost of your time as appropriate.
Project Budget
Personnel Costs
Budget Item
Quantity needed
Costs of your time (per week)
Cost Per Item
1
$1,000.00
Subtotal:
Total Cost
$1,000.00
$1,000.00
Administrative Costs
Budget Item
Quantity needed
Cost Per Item
Total Cost
Subtotal:
Outreach Costs
Budget Item
Quantity needed
Cost Per Item
Subtotal:
Total Cost
Program Costs
Budget Item
Quantity needed
Cost Per Item
Subtotal:
Total Cost
Assignment Advisory: You must use the latest desktop version of Excel for Microsoft 365 for this assigment.
(This is provided free by GCU; contact the Help Desk for more information and help installing the software.) Using an
earlier version of Excel or a different spreadsheet program may result in missing or corrupted template elements.
Copying cells from or into this template may likewise result in corrupted data.
2b Here, use Excel formulas to transfer the subtotals and total from your budget into this
table, and then calculate the percentage of the budget total represented by each category.
Format the costs as Currency with two decimal places and the percentages as Percentage
with one decimal place.
Budget Summary and Analysis
Budget Category
Personnel Costs
Administrative Costs
Outreach Costs
Subtotal
Percentage of Total
$1,000.00
Program Costs
Budget Total
Budget Cost Projection
3a Below, you will generate a 5-year projected cost for your budget, starting with your budget total. You will base your
projection on CPI values that you look up. Use this procedure to look up the CPI value:
1. Go to Bureau of Labor Statistics page link https://data.bls.gov/cgi-bin/surveymost?cu
2. Check the box to the left of text “U.S. city average, All items – CUUR0000SA0”
3. Press the “Retrieve Data” button at the bottom of the list. This should take you to a CPI table for
about the last 10 years.
First, fill in the CPI value for the given month and year. Then, fill in the CPI values for the next 6 years, advancing exactly
one year for each value. For example, if you start in February 2011, your next CPI value will come from February 2012.
Format your CPI values as Numbers with 3 decimals of precision.
Year Number
1
2
3
4
5
6
CPI Value
Month
Your full name entry must
be longer
3b Now, from the year number and CPI values, find the slope and y-intercept of the best-fit line for your CPI values.
Slope (m)
Y-Intercept (0, b)
3c Finally, project the CPI forward an additional 5 years using your slope and intercept; calculate the 5-year inflation
rate from your year 6 CPI value and the calculated value; and apply the inflation rate to your budget total to find a 5-year
budget projection.
The Year Number to use for your further 5-year projection
(If you project forward another 5 years from year 6 in the
chart above, what year will you be at then?)
The projected CPI value for that year
The 5-year inflation rate based on the last CPI value in the
table and the projected CPI value
Your Budget Total (brought forward from above)
Your 5-year Budget Total Projection
r Microsoft 365 for this assigment.
help installing the software.) Using an
g or corrupted template elements.
Legend
If a cell is shaded
Blue
Green
Gold
Any other color
ith your budget total. You will base your
value:
ymost?cu
0″
you to a CPI table for
CPI Values
for the next 6 years, advancing exactly
I value will come from February 2012.
Year
Your full name entry must
be longer
You should
Enter a text response
Enter a number
Enter an Excel formula
Make no changes
f the best-fit line for your CPI values.
tercept; calculate the 5-year inflation
rate to your budget total to find a 5-year
Your name (brought forward from the
Monthly Budget sheet):
0
4 On this sheet, you will consider how to cover the projected cost of your Project Budget. In particular, you will calculate th
invested at a given interest rate with annual compounding; the 5-year balance for a given monthly donation amount invested
year loan to cover the remainder of your 5-year projected cost, using a third interest rate.
Start by looking up rates to use as APRs in the following historical table of 30-year fixed mortgage rates:
http://www.freddiemac.com/pmms/pmms30.html
Enter these items as percentages or decimals; for example, a value of 4.03 in the table would be entered here as 4.03% or 0.0
Percentage with 2 decimal places.
Your full name entry must be
Your full name entry must be
APR Year
longer
longer
Your full name entry must be
Your full name entry must be
APR Month
longer
longer
Interest Rate
5 Now, perform each of the calculations indicated. Please refer to the financial formulas section of the instructions for Majo
Interest Formula, Future Value of Periodic Payments Formula, and Loan Payment Formula to use for the final calculation in th
respectively. Important Note: for these calculations, you MUST use direct calculation formulas, and you MAY NOT use built-in
Format all amounts (in the gold-shaded cells) as Currency with the $ symbol and 2 decimal places, and all n and t entries (in th
Bring your 5-year projected budget total
forward from the Project Budget and
Projection sheet
6 Sponsorship (invest a fixed amount for 5 years with
annual compounding)
Percentage of your Budget Total to invest
Complete the first interest rate
entry in section 4 above
Principal amount to invest (P), based on
your budget total and the percentage in
B31
Your APR (r)
Complete the interest rate entry
in section 4 above
Number of compoundings per year (n)
Number of years (t)
Your 5-year sponsorship total
7 Fundraising (invest monthly donations for 5 years with
monthly compounding)
Monthly contribution amount (PMT)
Complete the second interest
rate entry in section 4 above
Your APR (r)
Complete the second interest
rate entry in section 4 above
Number of compoundings per year (n)
Number of years (t)
Your 5-year fundraising total
(Hint: use the “future value of periodic
payments” formula in the assignments
instructions)
lar, you will calculate the 5-year balance for a percentage of your projected cost assumed to be
nation amount invested at a second interest rate; and a monthly loan payment required for a 5-
es:
Mortgage Rates
red here as 4.03% or 0.0403. Also format each rate as a
Your full name entry must be longer
Your full name entry must be longer
he instructions for Major Assignment 3, where you will find the equations for the Compound
he final calculation in the Sponsorship, Fundraising, and Loan Payment sections below,
ou MAY NOT use built-in Excel functions to calculate these values.
d all n and t entries (in the green-shaded cells) as Number with 0 decimals.
8 Loan Payment (determine the monthly payment required for
a 5-year loan to cover the remainder of the budget costs)
The additional amount you need to cover
your 5-year budget costs (P)
Your APR (r)
Number of payments per year (n)
Complete the third interest rate entry
in section 4 above
Number of years (t)
The monthly loan payment (PMT)
Legend
If a cell is shaded
You should
Blue
Enter a text response
Green
Enter a number
Gold
Enter an Excel formula
Any other color
Make no changes
MAT-144 Major Assignment 3 Instructions
Please follow these instructions when completing Major Assignment 3. You will be completing a
Microsoft Word template and an Excel template for the assignment. Refer to the assignment
rubric for details about how the assignment will be scored.
Overview
You have decided that 5 years from now, you will spend 12 weeks implementing a project to
provide humanitarian assistance to people in your local community. At that time, you will take a
break from work or retirement and spend at least 30 hours per week for 12 weeks engaged in this
project. You will be in charge of your own project working directly with people in need, not
simply volunteering with an existing organization. In the 5 years between now and the start of
the project, you will devise a plan and prepare funding.
Project details in Word
For your project, you will identify a group of local people to assist with a need from the provided
list. You will develop a project that has the potential to improve their lives in both the short and
long run. Choose one project from the list below to use for Major Assignment 3. The list is
organized under different topics to help you find a project that interests you.
Education
– An afterschool tutoring program
– School supply distribution
– Day camp for kids
– Vocational training
Health Care
– Pop-up clinic for vaccines, general health care, etc.
– Health care awareness program – mental health, nutrition, maternity care, etc.
– Mental health support groups
– Help lines/call centers
Community Improvement
– Home rehabilitation
– Community safety program
Other Service Projects
– Food distribution
– Clothing distribution
– Companion program for senior citizens
– Homeless assistance
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
You will contact experts or representatives from local churches, charities, non-governmental
and/or governmental organizations to get information about areas of need in your community
and/or additional information about what is necessary to run a project like this.
For your project, you will provide specifics of what you will achieve and how the success of
your project should be measured.
You will also identify the people, resources, and materials needed to provide your service. Your
project must include the assistance of other people, either whom you will recruit as volunteers,
whom you will pay for expert assistance, or both.
You will complete the Microsoft Word template using 1,500 to 3,000 words to explain specifics
of your project implementation. For full credit, you must address each point in each section
listed. The objective is to demonstrate that you have thought through in detail what it would
mean to provide a certain type of assistance.
Although you may cross-reference points between sections, the questions from each section must
be answered in that section to get credit for your response. The amount of credit you receive will
depend on how thoroughly you have considered your implementation: you should attempt to
write so that a reasonable reader would need to ask few or no follow-up questions to clarify your
overall objective, people you will help, assistance provided, project management, timeline,
assessment procedures, ethics and CWV analysis, and reflections. Write-ups that leave many
questions unanswered or with significant gaps will earn less credit. Be sure to support your
claims with evidence.
Here are the sections that you will be completing in the Microsoft Word template:
I)
Titles for both the Project and Each Section
1) A title for your write-up, including your name, the date, the course, and your
instructor’s name. Your title should capture the essence of your project (e.g., “Tiny
Homes for the Homeless in Mendenhall, MS”)
2) Titles for Each sections – generic ones are provided in the template but most should
be adapted to your specific project.
II)
Whom will you help? Instead of this question the actual Write-Up
should have a statement of the group you intend to aid.
In this section, you must address the following questions:
1. Where is your local community (city, state/province, and country) in which you will
be providing assistance?
2. Describe the specific group of people in your local community that you will be
helping. Why do they need assistance? What is their economic status? What mix of
ages and genders are they? Etc.
3. How will you get the word out to the people you want to help? Why did you choose
this approach?
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
III)
What assistance will you provide? Instead of this question the actual
Write-Up should have a statement of the type of aid you are offering.
In this section, you must address the following questions:
1. What specific assistance will you bring to the people who need it (goods, services,
training, cash assistance, etc.)? (Here, a response like “cash payments of $50 per
person per week” is better than “cash payments.”) Does the assistance provided
change based on age, gender, family grouping, etc.?
2. How and where will you provide the assistance to people in need? Will you maintain
a location for people to come to? Will you visit people where they are? Will you
provide transportation if needed (or if that’s part of your service)? Etc.
3. How will this assistance help people in the short run? That is, how might people be
better off immediately because of the assistance you provide?
4. How will this assistance help people in the long run? That is, how might the
assistance you provide have lasting effects, even if it is time-limited?
IV)
How will you start up and manage your project?
In this section, you must address the following questions:
1. What are the starting and ending dates of your project? (These should be 5 years in
the future and run for the 12 weeks of your project.)
2. Out of your 12-week timeframe, how many weeks will you need to start up your
project before beginning to provide assistance to people in need? What will you need
to accomplish during these weeks?
3. Where will central operations for your project be? Will you rent a location, look for a
donated location, or work in a distributed way (say from people’s houses)?
4. How would you prove to an outside authority (e.g., an auditor) that everything is in
place to proceed with your operation? If permits and/or licenses are required, this
should be included. If not, you should provide evidence that none are required (e.g., a
government website).
5. Will you need volunteers, paid workers, or both? How will you screen personnel?
What kinds of skills, special training, licenses, or certification do your personnel need
to assist with your project and why?
6. How will you coordinate volunteer efforts, and what will they do? How many
volunteers and/or workers do you expect to have?
V)
What will you accomplish in the main part of your project?
In this section, you must address the following questions:
1. How many weeks will you spend providing assistance to people in need?
2. How many people in need do you expect to be able to assist, and in what ways?
Provide evidence that the personnel and time available are sufficient to achieve this
goal.
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
3. How will you track and document whom you are helping and the process by which
you are providing assistance?
VI)
How will you wrap up and evaluate your project?
In this section, you must address the following questions:
1. Out of the 12-week time frame, how many weeks will you need to wrap up your
project?
2. In those weeks, what steps will you take to wrap up your project? What records will
you retain, and how will you archive those? What steps are required to finalize any
location-related expenses?
3. How will you conclude relationships with people you are assisting? When your
assistance is no longer available to the people in need, what additional sources of
support can you direct them to? How likely is it that these additional sources will be
available to the people you helped?
4. If you had to determine immediately after the end of your project whether your
assistance had helped, how would you do that? What kind of metric or metrics could
you use to determine whether a particular individual had been helped? What
questions would you need to ask to determine this?
5. Similarly, how could you determine, 3 months after the end of your project, whether
your project assistance was still having an effect? How would you get back in touch
with people you had helped? What characteristics of their condition could you
measure to determine whether any positive impact from your assistance still
remained?
VII) Ethics and Christian Worldview Analysis
In this section, you must address the following questions:
1. How does your project demonstrate the Judeo-Islamic-Christian ideal of loving your
neighbor as yourself? What other religious and/or ethical principles does your project
strive to exemplify or realize?
2. How are the people you propose to help different from you, and how might you
structure your project to help bridge differences and lead to increased mutual
understanding and respect?
3. How does your project further the goal of affording human value and dignity to all
people?
VIII) Summary and Reflections
In this section, you must address the following questions:
1. Whom did you contact to learn about local needs and/or additional information to run
a project in your community? What input did they provide to direct your
investigation?
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
2. What other local needs did you consider? What was compelling to you about the one
you chose?
3. For the assistance you plan to provide, what other avenues are there for people to
receive that assistance? How likely is it that it will be available to them?
4. What other factors (legal, political, social, etc.) that were not considered as a part of
this presentation might you need to investigate if you were actually to implement a
project such as this one?
IX)
References
1. You must support your claims and data with at least three scholarly sources. These
can be journal articles or official government websites with data or other relevant
information about your local community.
Financial computations in Excel
Separately from your presentation to sponsors (the project details in Word), you will complete
calculations in Excel detailing your expected costs, sponsorship and fundraising contributions,
and loan details. A template is provided for this part of the assignment, including additional
information to assist you.
As part of your financial calculations, you will develop the following:
1. A budget for your project, including personnel, administrative, outreach, and program
costs, plus a percentage breakdown of each type of cost and an estimated cost per person
that you expect to assist. Budget costs will be in current dollars and must have at least
one non-zero entry per category.
2. A 5-year forward projection of your budget cost, using extrapolation of CPI values from
5 years that you will look up in a table.
3. A 5-year projection of a sponsorship amount; the sponsorship amount will be a given
percentage of your 5-year budget projection and will accrue interest at a given APR.
4. A 5-year fundraising total that you expect to raise through monthly donations; the
monthly donation amount and APR will be provided.
5. A 5-year loan payment calculation in which you calculate the monthly payment amount
required to pay off monthly, over a period of 5 years, the difference between the cost of
the project and the sum of your sponsorship and fundraising totals. (The loan would be
taken out at the time the project is implemented.)
Financial formulas
The following formulas, given in Excel format, may be useful for completing Major Assignment
3:
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
Compound interest formula: If an initial amount P grows at an annual rate r with n
compounding periods per year, then the value A of that amount after t years is given by the
formula
A = P*(1+r/n)^(n*t)
Future value of periodic payments (Savings Plan): If an amount P is contributed at the end of
each of n periods per year for t years and the balance earns interest at an annual percentage rate
of r, the total amount A accrued after t years is given by
A = P*((1+r/n)^(n*t) –1)/(r/n)
Loan payment formula: The amount PMT that must be paid n times per year for t years to pay
off a loan principal amount of P at an APR of r is given by
PMT = P*(r/n)/(1 – (1 + r/n)^(-n*t))
Inflation rate formula: Given an old CPI value at one point and a new CPI value n years later,
the n-year inflation rate IR is given by
IR = (new CPI – old CPI)/(old CPI)
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
Your Title Here (should capture the essence of your project)
Your name
MAT-144
The date you most recently edited your write-up
[A note about grading for this write-up: Although you may cross-reference points between sections, the
questions from each section must be answered in that section to get credit for your response. The amount
of credit you receive will depend on how thoroughly you have considered your implementation: you
should attempt to write so that a reasonable reader would need to ask few or no follow-up questions to
clarify your overall objective, people you will help, assistance provided, project management, timeline,
assessment procedures, ethics and CWV analysis, and reflections. Write-ups that leave many questions
unanswered or with significant gaps will earn less credit. The specific question to be addressed are at the
end of the Instructions for Major Assignment 3. Each section should be treated as a short essay/paragraph
answer.]
Whom will you help? (should reflect your project)
What assistance will you provide? (should reflect your project)
How will you start up and manage your project?
What will you accomplish in the main part of your project?
How will you wrap up and evaluate your project?
Ethics and Christian Worldview Analysis
Summary and Reflections
References
© 2021. Grand Canyon University. All Rights Reserved. Version – Fa21
