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Levels Tought:
Elementary,Middle School,High School,College,University,PHD

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Applied Sciences,Chemistry See all
Applied Sciences,Chemistry,Communications,Economics,Engineering,Environmental science Hide all
Teaching Since: Apr 2017
Last Sign in: 363 Weeks Ago, 5 Days Ago
Questions Answered: 352
Tutorials Posted: 351

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  • MBA,PHD in Psychology
    Northwest Florida State College
    Jun-1992 - May-1997

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  • Professor
    Northwest Florida State College,
    Aug-2006 - Nov-2015

Category > Economics Posted 08 May 2017 My Price 9.00

As a typical middle-class consumer

As a typical middle-class consumer, you are making monthly payments on your home mortgage (9% annual interest rate), car loan (12%), home improvement loan (14%), and past-due charge accounts (18%). Immediately after getting a $100 monthly raise, your friendly mutual fund broker tries to sell you some investment funds with a guaranteed return of 10% per year. Assuming that your only other investment alternative is a savings account, should you buy?

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CourseWork
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Status NEW Posted 08 May 2017 11:05 AM My Price 9.00

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