Paula is trying to get a loan for $10,000 to start a business as a financial advisor and is trying to decide between several options. (15 points)

i) A $10,000 loan that needs to be paid back after 5 years with a 5% nominal annual interest rate, compounded monthly.
ii) A $10,000 loan that needs to be paid back after 6 years, the first 2 years there is no interest, and after the annual effective interest rate is 10%.
Hint: When solving for the annual payment consider PV=A+A+A(P/A, i%,n), where A is the uniform annual payment.

Assuming that in each case he plans to make equal yearly payments for the full length of the loan, starting in year 1: a. What is the amount of his yearly payment in each case? (2*5 points) b. Now assume that the interest rate of the market is an effective annual rate of 3%, what is the present value of the annuity payments for each option? Based on this metric, which is better? (4+1 points)

so i don't know what video you're talking about, but here's some stuff steve jobs gave as advice.

- love what you do.

- the worst thing that could happen might turn out to be the best thing that could happen.

- follow your heart and trust it knows where it's going.

answer///parietal;

anyone below or above ambitious can tell you. so crowns mean brainliest. getting brainliest means your answer needs a good explanation and the person asking the question can understand your answer easily. so say there's a multiple choice question. you don't just want to say your answer is a, hope it . provide evidence and reasoning so that they know that that is the correct answer. a good explanation should have evidence, good reasoning, and your opinion on why you picked that. you don't want to look up their question on the internet and see if you can answer it. pick questions that you 100% know the answer to, so than that way you can provide a better explanation.

best of luck,

the divergent