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

@pooja195 will you help and explain this :)

pooja195 · Answer

tbh im confused maybe @iGreen. can help?

sparklestaraa · Answer

hopefully because its confused me a lot too :(

anonymous · Answer

Oh boy..

anonymous · Answer

This question has been asked a bunch of times before. http://openstudy.com/study#/updates/53e2e141e4b0045ba551a12b http://openstudy.com/study#/updates/537d1eeee4b0e90e4b2d7ab6 Maybe these will help, I would go through it with you..but this is a lot of stuff and very time consuming.

sparklestaraa · Answer

yayyyyy thank u :D