The financial crisis between 2004 and 2008 has been discussed in this module. Where does the blame lie for this crisis, and how could the problem have been adverted?
If you start making $115 monthly contributions today and continue them for 6 years what is their present value if the compounding rate is 12% APR? What is the present value of the this annuity?
You can borrow $500 today and repay $550 in 2 weeks. What is the compound annual rate implied by this 10% rate charged for only 2 weeks?