1. What is the Best way to Invest $1000 Danielle Keegan, Beca Oliva, Jose Montelongo

2. Whats a bank account? DEFINITIONS Compound Interests: Earnings additional interests on interests. It will allow your money to earn even more money over the years. Annual Percentage Yield: The resultant percentage number assumes that funds will remain in the investment vehicle for a full 365 days. Savings account: Its where you are able to leave your money and have it saved in the bank and the only person that can take it out is the one with the name in the bank.

3. Continue from definitions Money Market Account: is the deposit account offered by the bank, which usually has a high rate in interests. Individual Retirement Account: a retirement plan that allows you to contribute a limited yearly total sum toward your retirement such as taxes on the interest earned in the account are defer rented. Certificate of Deposit: Is the debt instrument that is issued by the bank and usually means that it pays the interests.

4. Frost National bank Interest rates and when there Compounded Savings Account Interest rate-.05% Compounded- quarterly -Individual RA Interest Rate-.30% Compounded-Annually -Money Market Account Interest Rate-.05 Compounded-Monthly -Certificate Deposit Interest Rate-.30% Compounded- Monthly

5. Security service Federal credit union Interest rates and when there Compounded Savings Account Interest rate-0.25% Compounded- Annually -Individual RA Interest Rate-0.20% Compounded-monthly -Money Market Account Interest Rate-0.60% Compounded-Annualy -Certificate Deposit Interest Rate-0.20% Compounded-monthly

6. Bank of America Interest rates and when there Compounded -Savings Account Interest rate-.0005 Compounded- Annually -Individual RA Interest Rate-.0055 Compounded-Annually -Money Market Account Interest Rate-.0010 Compounded-Annual -Certificate Deposit Interest Rate-.0045 Compounded-Annual

7. So who has the best ? * Savings account- Security Service Federal Credit Union *Individual RA - Frost National Bank *Money Market Account- Security Service Federal Credit Union *Certificate Deposit- Frost National Bank

8. Best savings account Numbers ( Security Service federal credit union) 1$1002.5 5$1012.56 10$1025.28 20$1051.20 45$1118.92 YearAmount

9. Best Money Market Account (Security service) 1$1006.00 5$1030.36 10$1061.64 20$1127.09 45$1308.9 Year Amount

10. Best Individual retirement Account (Frost Bank) Year Accou nt 1$1003.00 5$1015.11 10$1030.45 20$1061.83 45$1144.52

11. Certificate Of Deposit (Frost Bank) Year Account 1$1003.00 5$1015.11 10$1030.45 20$1061.83 45$1144.52

12. In what year will the amount be 1,500 ? * Savings account- 163 years at 1502.27 *Individual RA - 82 years at 1505.27 *Money Market Account- 68 years at 1501.9 *Certificate Deposit- 136 years at 1503.73

13. Citations Security service federal credit union "Security Service Federal Credit Union." ssfuc.org. Security Service Federal Credit Union, n.d. Web. 3 Apr 2011.. Frost bank "Frost." Bank. N.p., n.d. Web. 4 May 2011.. Bank of America "Bank of america." Bank. N.p., n.d. Web. 4 May 2011..

14. Citations for Definitions - "investopedia." definitions. N.p., n.d. Web. 4 May 2011..