28

Dec

Paycheck advance loans? cont.

Posted by   Published in Algebra, Interest, Percentages

So, remember that problem I talked about? This guy Tony was gonna get a paycheck advance loan. Here’s the deal: Tony wanted a loan of $200. So they wanted him to write a check for $230, dated 2 weeks in advance. He can pay back the $230 or they’ll deposit his check. It’s only thirty [...]

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16

Dec

Paycheck advance loans?

Posted by   Published in Algebra, Interest, Percentages

Hey. Here’s my idea. The hardest thing on the GED for everyone seems to be math. Everyone’s always sayin’, when do you ever do math problems? In real life, you know? Well, every time you take money outta your pocket, you doin’ a math problem. I’m tellin’ you, smart money is math. So, I’m gonna [...]

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