Financial Management

Go to and use the savings calculator. You have $10,000 . Research the current options on the
web for the best interest returns (savings, certificates of deposit , money market,etc.). What is the best rate you
can find, that you will keep the principal intact for 5 years? Tell us what company/bank/credit union, what rate
and what are the advantages and disadvantages (read the fine print) of this specific item? Using the savings
calculator and that interest rate, how much will you end up with in 5 years? Please post any web address you
used in APA format.

Sample Solution