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University
| Teaching Since: | Apr 2017 |
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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
Consider two loans with a 1-year maturity and identical face values: an 8% loan with a 1% loan origination fee and an 8% loan with a 5% (no-interest) compensating balance requirement. Which loan would have the higher effective annual rate? Why?
What is the difference between evergreen credit and a revolving line of credit?
Which of the following one-year $1000 bank loans offers the lowest effective annual rate?
A loan with an APR of 6%, compounded monthly
A loan with an APR of 6%,
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