Acct5.1

Question 1 of 1:

Cost-Volume-Profit Elements and Relationships

Your best friend just received a gift of $7,000 from his favorite aunt. He wants to save the money to use as "starter" money after college. He can invest it (1) risk-free at 6%, (2) taking on moderate risk at 8%, or (3) taking on high risk at 14%.

Help your friend project the investment's worth at the end of four years under each investment strategy and explain the results to him.

Submission Requirements:

Complete your work in an MS Excel worksheet and submit it on Questa to your instructor.