The faculty member believe this was a Ponzi-type scheme because it states that there is Higher Rate of Return if one has a higher return on investment and that it is about 44 % and even more in 12 days, if one invest.
<h3>What is a Ponzi Scheme?</h3>
A Ponzi scheme is known to be a form of an investment fraud that is said to pay their existing investors using funds obtained from other new investors.
Note that in the passage, It tells that a person could invest $6 to $6,000 and gets about 44 percent return in 12 days an this made the faculty member believe that it was a Ponzi-type scheme
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Answer:
9.6
Explanation:
because if we did if we subtract the total number which is which we are giving 133.1 minus the total number is that the Debt term give us by him by the drawing it will give us 9.6 feet
Too much work bud I’m just trying to get my points if I could I would answer but I am not the smartest :)
Answer:
can u please put a pic of the Passage so I can answer?