Question

Can someone PLEASE help me with a math project?! 8 questions. I will give you a medal!!

You and some friends have started your own company. After the first few months, the profits are rolling in. It is time to start thinking about putting your money to work for you. You decide that investing $5,000 into some Certificates of Deposit (CDs) would be a beneficial move.

With a CD, you lend your money to a third party, and after a set time, your money is paid back with interest. Before you start investing the company's money this way, you need to pitch it to your friends.

questions 1-4:

1.Research the highest interest rate (APY—annual percent yield) for 2-year and 5-year CDs. Document the company's name, interest rate, and minimum investment. The minimum investment must be less than or equal to $5,000.

2.Create the functions that represent the 2-year and 5-year CDs with your $5,000 investment. Use these functions to determine the amount you will be paid when the CD matures (the length of time for the specific CD). Show your work.

3.An investor comes to your office. He says that if you give him the $5,000 he will add on an additional $50 each year to what he owes you. Create the function for this investor's plan.

4.Create a table showing the value of the two CD's and the investor's plan for 5 years.