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Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a
Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $ to help establish a small business; her neighbor Riley would like to borrow $ as a personal loan. One year from now, Ambers original investment will be returned in either case, along with $ of income from Simone or $ of income from Riley. Amber can make only one investment. Required: Compute the ROI of Simone and Riley. Which investment would you advise Amber to make? What other factors should you advise Amber to consider before making either investment?
Your friend Amber has approached you seeking advice concerning two investment opportunities that she is presently considering. Her classmate Simone has asked her for a loan of $ to help establish a small business; her neighbor Riley would like to borrow $ as a personal loan. One year from now, Ambers original investment will be returned in either case, along with $ of income from Simone or $ of income from Riley. Amber can make only one investment.
Required:
Compute the ROI of Simone and Riley.
Which investment would you advise Amber to make?
What other factors should you advise Amber to consider before making either investment?
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Authors: Sally J. Redfern, Anemone Kober, Maurice Kogan
1st Edition
