Decision Making Growing Money

Anonymous
timer Asked: Jun 27th, 2018

Question description

Class, I appreciate your participation in this forum. For this forum, create an original post addressing the topic(s) below, prior to midnight ET on Thursday. Continue to follow your classmates' posts for the remainder of the week and respond to two or more of your classmates prior to midnight ET on Sunday. Your follow-up posts may add additional insights to a classmate's opinions or may challenge posted opinions. Use examples from the readings, or from your own research to support your views as appropriate. Be sure to read the follow-up posts to your own posts and reply to any questions or requests for clarification. By the way, include the name of the person's post you are replying to and your source for further research or reference when applicable. Thanks!

Discussion Points:

Part 1 of 2
Discussion Question #4a

Identify a decision situation and indicate the variables under the control of the decision maker and those not directly under his or her control.


Part 2 of 2
Discussion Question #4b

How many years will it take for $4000 to grow to $7000 at an interest rate of 10% compounded annually?

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