As a business owner, financial decisions require careful planning and prioritizing, especially when large, capital-intensive purchases are involved. As you establish a process to achieve your company goals, you will need to demonstrate your math skills, consider different investment options, and describe how different investment vehicles can be used effectively to accomplish business goals.
You, as a small business owner, are interested in buying a lot for $38,000. You have a CD (certificate of deposit) worth $40,000 now, which earns 4% compounded annually and will mature in 3 years. You are thinking about cashing in the CD to purchase the lot, but cashing in the CD now means you will have to pay a withdrawal penalty of $500. You project the value of the lot will be $45,000 in 3 years and you intend to use it for immediate equipment storage purposes for your business.
For your main post, you will write an essay discussing what you, as a business owner, decide to do – buy or pass on purchasing the lot. In your essay you should address the following:
Calculate how much your CD will be worth upon maturity.
Explain the differences (pros and cons) between these two investment options.
Prioritize and select the best option for your business and explain why that option is preferable.
Discuss the potential impact this choice will have on the future of your business.
Include at least one APA formatted reference supporting your decision.
Your essay should include an introduction, conclusion, at least 3 body paragraphs, and a highly developed purpose and viewpoint. It should also be written in Standard American English and demonstrate exceptional content, organization, style, grammar, and mechanics. There should be no evidence of plagiarism. If you are unsure about what constitutes plagiarism, please review the university’s plagiarism policy.
Paragraph 1: Make this an introduction where you talk about planning and prioritizing large capital-intensive purchases in general.
Paragraph 2: Calculate how much your CD will be worth upon maturity. Put some words around this!
Paragraph 3: Explain the differences (pros and cons) between buying or passing on purchasing the lot.
Paragraph 4: Prioritize and select the best option for your business and explain why that option is preferable. Include the potential impact this choice will have on the future of your business.
Paragraph 5: This will be your conclusion! Write a few sentences wrapping up what you’ve learned about planning and prioritizing a large capital expense.
Be sure to proofread, spellcheck and include at least one APA formatted reference supporting your decision
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
EssayBrill has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.
At EssayBrill, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.
Admission and Business Papers
Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.
Editing and Proofreading
Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.
We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.