You will make two different plans based on an aggressive and conservative forecast of the market. Your project report should contain the following:
Introduction: One paragraph describing how investment could be beneficial to the company.
Three body paragraphs addressing each of the following:
Explain how compound interest works in your own words.
Explain the two different forecasting plans with pros and cons for each.
Present your calculations for each plan. Be sure to state the formula and outputs.
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.
