Ask Question
15 July, 22:44

A friend asks you to invest $500 at 5 percent interest in her business. you want to invest but are concerned because your friend has not had any business experience. how can you offset your risk?

+2
Answers (1)
  1. 16 July, 01:00
    0
    You can counterbalance or offset your risk by requesting for a higher interest rate. By having a higher interest rate can give you more profit and with this, it can also pay more to the family income by accumulating the amount you receive when you invest in interest each year.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A friend asks you to invest $500 at 5 percent interest in her business. you want to invest but are concerned because your friend has not ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers