Social Studies, 06.05.2021 01:30 zahriaarana
1. John receives $1,000 as a graduation gift from his grandparents. Rather than spend it, he decides to invest it in a
two-year bond that earns 3% simple interest. John doesn't need access to the money right away because he wants to
save it for when he's ready to buy a home in about 10 years. Is the bond a wise investment for John? Why or why not?
What other investment options does John have?
Answers: 2
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1. John receives $1,000 as a graduation gift from his grandparents. Rather than spend it, he decides...
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