Question

Your best friend just received a gift of $5,000 from his favourite aunt. He wants to save the money to use as starter money after school. He can (1) invest it risk-free at 3%, (2) take on moderate risk at 8%, or (3) take on high risk at 16%. Help your friend project the investment’s worth at the end of four years under each investment strategy and explain the results to him.


$1.99
Sales0
Views52
Comments0
  • CreatedApril 30, 2015
  • Files Included
Post your question
5000