1. Josiah, a 16 year old high school student, plans to use the $5,000 for a car down payment in two years. He would like to earn a good rate of return but needs to access his money exactly in two years. He prefers something with a lower risk as well. What is the best type of investment for Josiah? _______________ Why? __________________________________________________

2. Abigail is 22 years old and would like to save up for emergencies. She wants to be able to access her money as needed and incur a low risk. What is the best type of investment for Abigail? ____________ Why? ____________________________________________________________

3. Martin is a 45 year old teacher and plans to use the money for his retirement. He is not planning to retire for at least 20 years and is willing to weather some risk in his investments. He doesn't have a lot of time or expertise to manage his investment. What is the best type of investment for Martin? ____________ Why? ______________________________________________

4. Hernan is 61 years old and will retire in 6 years. He wants to see growth on his investment but is rather risk adverse at this age. What is the best type of investment for Hernan? ____________ Why? ________________________________________________________________________

5. Demetria is a 26 years old MBA graduate starting her first job. She is willing to weather risk in her investments as she feels she has plenty of time to grow. What is the best type of investment for Demetria? ____________ Why? _______________________________________________