Investing for The Future
You are the owner of XYZ, Inc. You had a record year, and you want to invest the extra capital. After doing some research, you will write a project report detailing your financial considerations and findings to your business partners on your projected investment plan.
Post 1: Initial Thread
First, do some research at your local bank, through your retirement investment firm, or by reading articles on stock analysis. This can be done virtually. Investigate the financial terms of several investment options. What interest rate is being offered? Is the interest compounded daily, monthly, or yearly? Do your best to find out the financial details for at least two different investment options. You will be citing your references in APA style.
Second, do some investment calculations. You may use a scientific calculator. For your investment:
Choose an amount between $5,000 and $500,000 of extra capital for principal, P, the initial amount of money to invest.
Choose between 5 and 30 years for t, the number of years you will let the account grow.
Based on your research findings:
Use the rate for r, the investment growth rate per year.
If using the compound interest formula, use the appropriate value for ndepending on if the compounding is performed on a daily, monthly, or yearly basis. If compounding is continuous, then you will use a different formula called the continuous compounding formula.