Kaplan MM225 unit 6 discussion
Compound Curiosity, Future Worth, and Current Value1. Clarify which of the 2 choices under ends in a decrease steadiness after 6 months on a debt of $2500.Annual easy curiosity of 12% utilized on the finish of the 6 months.A month-to-month rate of interest of 1% utilized on the finish of every month and earlier than the beginning of the subsequent month.Talk about why the 2 strategies end in completely different outcomes.In what circumstances would possibly you choose one possibility over one other?2. A rise in worth of any assortment is just not assured for quite a lot of causes. If you're a collector, please use your individual assortment to reply the next questions. If you're not a collector, then use Elvis memorabilia in your solutions.What are a few of the components that might trigger the worth of your assortment to drop sooner or later?What questions ought to an investor ask earlier than investing in something?If no new memorabilia may be created with an autograph, how does the concept of shortage improve the worth of an merchandise?