
Data and solutions
80,000 x 1.042= 83360
83360 x 1.042= 86,861.12+ 20,000= 106,861.12
86,861 x 1.042= 90,509.162+ 30,000= 120,509.162
I chose to do a 3 year non redeemable GIC which I thought was the most financially safest option. You earn a good amount of money which is a pro. The downside is that you can’t redeem the money until your 3 years are up. I think this is a good option because unlike stocks that can go down within minutes a GIC is a promised to make you money. This option is best for me because with my money, I like to be financially safe as much as possible. There is a very small risk with a GIC which I like.
over the past day I worked with O and K. I found working with them fun and difficult. I didn’t contribute much to the group mostly because I was gone for half of the lessons and they helped me more than I could help them. They helped me get caught up with what I missed and get me set up with excel.
core competency
I know my group is working well when I hear them sharing ideas and helping each other figure out their mistakes and fix them.
if there is a disagreement in the group I find it helpful to hear both sides and come to a compromise.
I show the others that I value there contributions by taking in everything they offer and saying thank you when they do help.