Week 3 Discussion 1 and 2

Week 3 Discussion 1 and 2

must complete 8 post on with 3 days, must post daily

Practice: Week 3 Discussion Question

Many people think of compounding interest as a bad thing but it can also be good.

Provide examples of the following:

  • a time when compounding interest has been in your favor
  • a time when compounding interest has not been in your favor

If you do not have personal experience with compounding interest just explain in general terms when it would be good and when it would be bad

Practice: Week 3 Discussion Question 2

  • Not completed (REQUIRED)
  • Discussion

Objectives:

Have you ever signed a promissory note?

If yes, what were the note’s terms?

If you have not, give an example of a time someone might sign a promissory note and what the terms might be.

Post your response in the discussion area.

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