Marta is starting college in eighteen months. she has $1,500 saved and would like to save or invest this money to use for college tuition. marta does not like taking risks with her money and does not have an emergency fund. which type of account or investment is best for her? fifteen-year savings bond one-year cd earning 4 percent interest basic savings account earning 1.3 percent interest compounded monthly stocks

Carmen’s beauty salon has estimated monthly financing requirements for the next six months as follows: january $ 9,000 april $ 9,000 february 3,000 may 10,000 march 4,000 june 5,000 short-term financing will be utilized for the next six months. projected annual interest rates are: january 9 % april 16 % february 10 may 12 march 13 june 12 what long-term interest rate would represent a break-even point between using short-term financing and long-term financing?