facebookIf I invest $1,000 on CoAssets campaign which has 5% interest and 6 months tenture date, it means I will get $1,050 after the 6 months? And if campaign failed to secure the needed amount, can I get back the $1,000? - Seedly

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Anonymous

07 Jun 2019

General Investing

If I invest $1,000 on CoAssets campaign which has 5% interest and 6 months tenture date, it means I will get $1,050 after the 6 months? And if campaign failed to secure the needed amount, can I get back the $1,000?

I have been looking at CoAssets but trying to get my head around, default rates etc. Eg. If I have invested $1,000 on its campaign when the interest is 5%, and the tenture date is 6 months, can I assume that I will be getting $1,050 after the tenture date? Also should the campaign fails to secure the needed amount, can I safely presume that I will not be able to get back the 1k that has been invested?

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Just Being Ernest

07 Jun 2019

Content Creator at www.youtube.com/c/JustBeingErnest

Based on the scenarios that you mentioned above, i will be able to answer you since i have invested ...

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