T13. Suppose you are given $1,000 to invest. With other members of your team, select an investment strategy, such as savings account, certificate of deposit, stocks, bonds (or even keep the money in a shoe box). Document your investment using your local newspaper. Track your investment for the next 60 days and then present a report on the results.

T14. With a team of two or three classmates, investigate the costs of obtaining a $10,000 business loan repaid in a lump sum in 18 months. List specific sources in your area for such a loan, as well as specific options. Include the rate and different methods for calculating the rate. Also include the requirements for the loan (such as a required cosigner or collateral).

Each member of the team should individually obtain information from a different source and then the team should decide on the best source.

T15.With your team, select a particular car and options. Research the cost of the car, as well as sources for purchasing the car. Decide on your best offer and then interview one of the sources to decide if your offer would be acceptable. Prepare a report on your results.

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