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Q: Your neighbor asks you to invest $500 in her new business. You want to invest but are concerned because your neighbor has not had any business experience. How can you offset your risk? A. Ask for a
high interest rate in exchange for the loan. B. Invest your $500 in a certificate of deposit. C. Use the $500 to open a savings account. D. Lend you neighbor the $500 and keep your fingers crossed.
A: The answer is A. Ask for a high interest rate in exchange for the loan.
bongche|Points 3520|
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Asked 11/16/2012 3:59:46 PM
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