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only the level up questiond Choose an investment goalt - saving for a child's college fund - saving for retirement - saving to invest in
only the level up questiond
Choose an investment goalt - saving for a child's college fund - saving for retirement - saving to invest in a new cryptocurrency Explore your chosen goal with the continuous income flow formula. Play with the formula's parameters (i.e., b, the number of years, b, the interest rate, and g(t), the onnual investment). If you chose retirement soving, research current interest rates for various investing options such as mutual funds, savings accounts, S\&P 500 stocks, onnuities, ete. If you chose cryptocurrency investing, how many years will you save cash before investing? Use your research to create and describe at least three different scenarios. For example, one scenario might be b=30,r=.04%, g(t)=5000+1000t. Why did you choose these values? How much will you have at the end of b years? Level 2 Decide what amount you desire ot the end of b years. Use 0g(t) function from Level 1. Ploy with b and r combinations that reach that desired final amount. Present at least three b-r pairs that reach the desired final amount. Discuss the pros and cons of each pair. Level 3 Do some research to find realistic values for the interest r for your chosen investment gool from Level 1. Given this interest rate, decide on an annul investment function g(t) and a desired final amount. Find the value of b that achieves this goal. Describe your process for determining b. Level 4 Do some research to find realistic values for the interest r for your chosen investment goal from Level 1. Then explore different g(t) investment functions. For example, g(t)=5000 is a constant function while g(t)=5000+500t is an increasing linear function. Use your knowledge of functions to create and graph 5 different investment functions g(t). Describe the strategy and pros and cons of each. The most dangerous phrose in the languoge-"we've olways done it this way." Groce Hopp Step by Step Solution
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