Question

Huan uses his car for his part-time job with Skip the Dishes as he goes to Red River College getting his diploma in Business Administration. Unfortunately, Huan's car did not start last week and it turned out he needed $800 in repairs. Given that he needs his car for work, Huan used his rent money to pay for his repairs. His rent is now due but he will not get paid for 14 days. Huan heard about Mogo.ca that charges only $1.21 per day for every $100 required (but footnotes on its website other fees yielding 47.42% daily compounding). The other option is to use his credit card and get a Cash Advance. His credit card charges a $5 fee for the transaction and 22% interest with annual compounding. What is the least expensive option? Show your calculations

Answer 1

Step-by-step explanation:

Uniform circular motion is a:(UEE:2003)

A. Motion with constant velocity. C. motion with acceleration of constant magnitude.

B. Motion in one dimension. D. motion in which net force is constant