Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 4 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 13 Jul 2017 My Price 3.00

low credit rating

a. Julie has a low credit rating, plus she was furloughed from her job 2 months ago. She has a new job starting next week and expects a salary to start again in a couple of weeks. Since she is a little short on money to pay her rent, she decided to borrow $100 from a loan company, which will charge her only $10 interest if the $110 is paid no more

than 1 week after the loan is made. What are the ( a ) nominal annual and ( b ) effective annual interest rates that she will pay on this loan? b. Assume you deposit 25% of your monthly check of $5500 into a savings account at a credit union that compounds interest semiannually. ( a ) What are the payment and compounding periods? ( b ) Is

the payment period greater than or less than the compounding period?

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Jul 2017 04:07 PM My Price 3.00

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