For this in-class exercise, consider business ideas that you could implement with a $100 investment loan. Your task is to take the $100 investment and then within 10 days return the loan plus 5% interest ($105 total). You get to keep anything above the repayment. You need to come up with 2 different business ideas that you could implement to pay back the loan and make money. To be clear - you have $100 for each business idea. For this exercise, you need write 2 short paragraphs that explain what you would do with the money and how much you expect to make (1 paragraph for each idea). I am interested in how much profit you think you can make after paying off the loan for each idea. This assignment cannot be longer than 1 single spaced page.

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1 I would open a pet grooming business I would use th... View the full answer