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Author Question: In order to open up your new business you need to take out a loan. First Bank charges 6% compounded ... (Read 29 times)

Zulu123

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Question 1

If you could borrow at 9.5% compounded semi-annually or at 9.4% compounded monthly, which would you prefer?
◦ 9.5% compounded semi-annually
◦ Indifferent
◦ 9.4% compounded monthly

Question 2

In order to open up your new business you need to take out a loan. First Bank charges 6% compounded quarterly, and Second Bank charges 6.5% compounded semi-annually. From which bank would you prefer to obtain your loan?
◦ First Bank
◦ Second Bank
◦ Indifferent


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Marked as best answer by Zulu123 on Apr 25, 2021

guyanai

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Zulu123

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)


pratush dev

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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