@sardonicsmile Responsible and women don’t belong in the same sentence.
@sardonicsmile lol this clip is hilarious.
The woman is sassy and bitchy because she has a little power. The definition she read was just more convoluted than the one given. None were clear. Lol.
@sardonicsmile
10% interest per year on a $100 loan in 1 year should be $10 extra or $110 dollars to pay it off in one lump sum 1 year later if no prior payments are made whether simple or compounded if calculated honestly
An extreme!y dishonest thing is done
They claim that 10% compound interest per year is the same as taking 5% interest every six months when in reality it should be the square root of 10% every 6 months
1.05 * 1.05 > 1.1
They they divide it into segments without limit