Jill borrows $300,000 for 10 years at a fixed interest rate of

A

Are u srs?

>10 equal year-end payments from 300.000, there you got the amount repayed

IQ 80 confiremd

Jill should buy the dip

B... take into account the interest p.a

File: IMG_20170808_164955.jpg (4MB, 4640x2610px) Image search: [Google]

4MB, 4640x2610px

>>3487324
From money I made with btc. After liquidating all during the high 4 days ago. I took my qt gf to trolltunga.

The lulz are priceless. I won, you lost.

>>3487386
That's our biggest Esper$ investor
Thank you for business
Good day good sirs
buy espers$ on yobit

>end of the 5th year will be
wow its actually a trick question. im sorry for making this thread i should have just read the whole thing before jumping to conclusions

>>3487410
thanks anyway

final amount to pay is 300k + interest:

300.000 * (1 + i)^10

for i > 0 final amount is obviously 300.000 + x

now equal payrates every year you pay
(300.000+x) / 10, x>0

because they are equal, at the end of the fifth year you have paid half of final amount:

5 * (300.000 + x)/10 = (300.000 + x) / 2 = 150.000 + x / 2 > 150.000

this is what you payed after the fifth year and it equals the amount you have still to pay. therefore its greater than 150k

>>3487324
try different numbers for i
you will notice answer b will always be right