Calculations
3 year GIC
Year 1 – 80,000 x 1.042 = 83360
Year 2 – 83360 x 1.042 = 86861.12
Year 3 – 86861.12 x 1.042 = 90,509.28704
justification
I think using a GIC was right because it guarantees our moneys locked away. Given the fact that a GIC is very safe it insures that the money will be put away for 3 years.
Collaborations and Contributions
1. How did you find working with your group?
I found it not difficult because everyone had a voice and participated.
2. How did you contribute to the group? And how did others in the group contribute to your learning?
I gave my group ideas and my group was good at listening to them . I felt like everyone contributed to helping out eachother.
3. Did you use any other the solutions proposed by your group? Why or why not?
We did not use any other soloutions because we had already found that worked.
4. How would you rate your ability to collaborate with others in your group on a scale of 1-4
I would rate my ability to collaborate with others in my group a 3 out of 4 because I feel like I am easy to work with but I do not voice all my opinions.
Core Competency Reflexion
I know the group is working well together when I hear/ see people sharing there opinions and voicing what they disagree and agree about.
If there is disagreement within the group, I find it helpful to see both opinions and discuss them among the group.