1. Solution

S T O C K S

15% – 800,000 x 0.15 = 120,000 (Down payment ) 

Growth – 7.5%

Year 1 –  80,000 x 1.075 = 86,000

Year 2 – 86,000 x 1.076 = 92,450

Year 3 – 92,450 x 1.075 = 99,383. 75

(Each year 10,000) 99,383.75 + 30,000

Total – $129,383

Growth declined – 8.7% 

Year 1 – 80,000 x 0.913 =  73,040

Year 2 – 73,040 x 1.075 = 78,518

Year 3 – 78,518 x 1,075 = 84,406.85

84,406.85 + 30,000

Total – $114,406.85

2. Visual Representations

3. Justification

I believe we found a fair solution, however, there are certain advantages and disadvantages to it While using stocks, you have the option of increasing your financial gain or incurring a loss. In our answer, we demonstrated what would happen if the stocks performed as expected for three years without any issues, as well as the one year within the three-year plan when you would not profit from the stocks. After purchasing their ideal home, the investors would have approximately $1,000 extra if the stock investment performed well for three years. Investors are loosing  $5000 if the stock strategy does not work out as expected.  I still believe stocks are the better and more effective alternative when needing financial assistance in this situation, depending on your level of trust and investment. 

4. Collaboration and Contributions

A) How did you find working with your group?

I found working in a group made this project a lot easier. At first me and my partner didn’t know what to do but eventually we figured it out together.

B) How did you contribute to the group? And how did others in the group contribute to your learning

I think me and my partner contributed to everything together I think i helped more with the writing and blog. Other wise when I struggled on the math problem she would help me. When she struggled with the blog and translating I helped.

C) Did you use any other the solutions proposed by your group? Why or why not?

Yes, in the beginning we were confused on how to do the assignment, my partner suggested we try out both solutions to the answer and it gave us a better understanding on how to do the work.

D) How would you rate your ability to collaborate with others in your group on a scale of 1-4 (1 not good; 4- excellent)

I think my collaboration skills would be a 4. It was a little hared to do this assignment because my partner doesn’t speak much English, but we still managed to work together really well.

5. Core Competency Reflection

a) I can ask and respond to questions to be an active, supportive listener.

My partner and I were confused when given this assignment, but once I started asking questions, it became quite clearer what we needed to complete.

b) I used to think…and now I know…because I …

As necessary, I asked for clarification, thought again about my answer, and repeated my calculations if they didn’t seem correct.

c) When I need to boost my mood or re-focus, I…

I was away sick when this project was introduced. I didn’t understand what we had to do and that caused me stress. when I need to re focus I take a five minute break and try to get back into the work.

d) I can advocate for myself

I struggled to understand how the stock market math worked before speaking up for myself and asking for help.