Start: 80,000

GIC: 80,000 x 1.035 = 82,800

Savings: 82,800 + 10,000 = 92,800

Stocks year 1: 92,800 x 1.075 = 99,760

Stocks year 2: (99,760 + 10,000) x 1.075 = 117,992

Total: 117,992 + 10,000 = 127,992

Why did I chose to put my money into GIC and Stocks?

My reasons for chosing GIC and stocks is because they would get me enough money for the down payment. Plus I didn’t want to compeltley risk it losing all my money but at the same time I’m open to some risk.

Assesing my collaboration:

I feel like everyone in my group equally contributed although some did put in more effort then others. We all got along well though and combined our ideas and thoughts to come up with our ideas.

Reflection:

I can collaborate well with others and share my ideas. For example when my group mates needed ideas i shared mine to help them out.

I can comunicate well with my other group mates and respect what they have to say. For example if one of my group mates wanted to share their idea or point I’d let them have the chance to talk.

I can take responsibility over my share of work. I make sure that I am not getting distracted and staying on task. I also make sure I complete my share of work.

I can use my critical thinking skills to solve problems and figure out the best solution for myself.