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55 When Suzanne Pogell Wanted to Learn to Sail, She

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55. When Suzanne Pogell wanted to learn to sail, she could not find anyone to teach her because men were the ones who sailed, and women were their crew. After mastering sailing, Suzanne started an all-woman sailing school called Womanship as a sole proprietorship. By creating her own business, Suzanne overcame problems associated with while creating a different version of the same problem.


Definitions:

Interest Earnings

Income received from investments in interest-bearing financial instruments, such as savings accounts, CDs, or bonds.

Compounded Semi-Annually

Interest calculation method where interest is added to the principal sum twice a year, leading to interest earning interest over time.

Annual Scholarship

A financial award given to students on a yearly basis to support their education.

Investment

is the allocation of resources, usually money, with the expectation of generating an income or profit.

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