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Assume that you won $ 1 5 0 , 0 0 0 and you want to spend half of the money and invest the rest.
Assume that you won $ and you want to spend half of the money and invest the rest.
You need to make a decision on how to invest the money and then you need to persuade your partner or parents that you made the right choice.
a List four financial institution and their terms and conditions interest rate, how the interest is calculated, minimum balance, etc.
b Calculate what your savings would be in years in each institution that you listed in part a Justify your answer that is show your work
c What financial institution would you choose? And why?
d Reflect, why it is important or not to study mathematics and how mathematics can help you in your life. Provide at least two examples to support your opinion.
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