CourseLover

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About CourseLover

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

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Engineering,Health & Medical,HR Management,Law,Marketing,Math,Physics,Psychology,Programming,Science Hide all
Teaching Since: May 2017
Last Sign in: 283 Weeks Ago, 2 Days Ago
Questions Answered: 27237
Tutorials Posted: 27372

Education

  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

Experience

  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Business & Finance Posted 14 Dec 2017 My Price 10.00

to determine what annual rate of interest (APR) GEICO is

An insurance policy from GEICO has an up-front charge of $722.10 for 6 months' coverage, or one can choose from several payment plans including a monthly plan described below. If one chooses the monthly plan, he/she is borrowing from GEICO. Use the IRR function to determine what annual rate of interest (APR) GEICO is charging. Hint: Let time zero be one month before coverage starts
Full price at the start of coverage $722.10
OR the monthly payment plan including:
1 month before the start of coverage $125.00
at the start of coverage $124.00
1 month after the start of coverage $124.00
2 months after the start of coverage $124.00
3 months after the start of coverage $125.00
4 months after the start of coverage $124.10

Answers

CourseLover
(12)
Status NEW Posted 14 Dec 2017 03:12 PM My Price 10.00

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