We filled in loan documents for a $100 loan. We learned that it comes with a 3% interest which means we will have to pay them $103 back. We will also have a consequence of cleaning both of their cars if we default on the loan.
Wednesday, March 27, 2013
Things Thar Wear Suits
Thank you to Tanner and Adam, our two Entrepeneurial Adventure colleagues. They helped us focus our project and even gave us a loan.
We filled in loan documents for a $100 loan. We learned that it comes with a 3% interest which means we will have to pay them $103 back. We will also have a consequence of cleaning both of their cars if we default on the loan.
Here is how we came up with how much we wanted to borrow from them.
We filled in loan documents for a $100 loan. We learned that it comes with a 3% interest which means we will have to pay them $103 back. We will also have a consequence of cleaning both of their cars if we default on the loan.
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7 comments:
I think I had to much fun signing that document!
-Olivia
hey Tiiu it was cool to get the money from Adam and Tanner.
-Jalila
Now we just gotta make all the bracelets.Well we already made some.
We are really coming along with our project!!
Maya
I agree Maya!
Sad I was sick for the week sounds like you had fun.
I'm really proud of the work are class has put in as a team to this project!I am extremley excited to finally sell are braceletes and having adam and tanner loan us the moneyb shows us were one step closer!
-Ella
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