Ask Question
15 August, 22:17

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?

+1
Answers (1)
  1. 15 August, 22:25
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers