1. Jazz musician Mitch Haupers did well with Kickstarter, raising $27,086 with 255 backers for a $25,000 goal.
2. Use the five-point criteria for crowdfunding failure, but explain how he avoided each trap.
3. View Mitch Haupers' Project
4. From 2002 to 2009, the earnings per share of a common stock of a company increased from $4.71 to $9.38.
5. What is the compounded annual rate of increase?
6. What is the daily period rate at a standard conversion rate of 1 year = 360 days?
7. Compare the two answers: why does it make sense that the second number is smaller than the first?
8. You deposit $800K on February 25, 2011.
9. When will the investment be worth $1.2M at 12% interest compounded annually?
10. What if the interest were compounded daily with a standard conversion rate of 1 year = 360 days?
11. Why is the second date earlier?