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Write a persuasive paper that answers all the questions.

Assume that you won $200,000 and you want to spend half of the money and save the rest.

You need to make a decision on how to save the money and you need to persuade your partner (or parents) that you made the right choice.

(a) List four financial institution and their terms and conditions (interest rate, how the interest is calculated, minimum balance, etc..)

(b)  Calculate what your savings would be in 10 years in each institution that you listed in part (a)? Justify your answer (that is show your work).

(c)  What financial institution would you choose? And why?

(d)  Reflect, why it is important (or not) to study mathematics and how mathematics can help you in your life. Provide at least two examples to support your opinion.