MM255 Unit 6 Solution
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Unit 6: Instructor Graded Assignment
Unit 6 focus on business investment concepts covered in your reading of Chapter 14: “Annuities and Sinking Funds.”
For this Assignment you will write an essay to address the requirements described below. Your essay must be carefully planned and written using well-constructed sentences and paragraphs. Make sure that your grammar and spelling are correct. Points will be awarded for content as well as composition. Your essay must be a minimum of 1 page in length with standard 1 inch margins and is required to have at least one reference from a reliable source. This means that you cannot use sites like Wikipedia, Ask.com®, and Yahoo® answers and that only references from reliable sources will earn points. All resources should be cited both as an in-text citation as well as being listed on a reference page in APA format.
Assignments must be submitted as a Microsoft® Word® document and uploaded to the Dropbox for Unit 6. Include your essay directly in this document following the instructions.
All Assignments are due by Tuesday at 11:59 p.m. ET of the assigned unit.
Your Assignment is to write an essay discussing how you, as a business owner, can use annuities to achieve business goals. 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.
As the owner of a vinyl fencing company, you are making plans for two large purchases in the next 3 to 5 years to achieve your business goals.
You plan to expand your vinyl fence...