We raised a bit over $400,,, divided among the groups, the most your group can request as a load is $32.00. The bank requires a 10% interest rate.
Remember everything you make will go to the school considering we raised the money for this project. Once your loan has been returned to the bank, the rest will be considered profit - the group that earns the largest profit will earn extra credit.
Remember, you can sell your services/products anywhere - but you MUST record what you sell and what you spend your money on.
We will finalize your personal finance information on Thursday and Friday. Your personal finance information is due THIS FRIDAY, May 6th.
May 6th is when you can sell to the masses at school. You can continue to sell after that - all information due 5/13/16 - This gives you an extra week to sell your product. Bring in ALL INFORMATION on Monday, 5/16/16.
Remember everything you make will go to the school considering we raised the money for this project. Once your loan has been returned to the bank, the rest will be considered profit - the group that earns the largest profit will earn extra credit.
Remember, you can sell your services/products anywhere - but you MUST record what you sell and what you spend your money on.
We will finalize your personal finance information on Thursday and Friday. Your personal finance information is due THIS FRIDAY, May 6th.
May 6th is when you can sell to the masses at school. You can continue to sell after that - all information due 5/13/16 - This gives you an extra week to sell your product. Bring in ALL INFORMATION on Monday, 5/16/16.