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.

Question

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.

sparklestaraa · Answer

@Daniellelovee

daniellelovee · Answer

lol you just tagged me at the thing that I'm worse at in math -.-'

sparklestaraa · Answer

xd omg wouldn't that be the case xD its everything so so so hard for me :Pcan i ask a different question then?

daniellelovee · Answer

lol sure just not relating to principle interest nor compound interest XD