wait what that makes no sense
Apply for a secured credit card
Consider a co-signer or co-applicant
With compound interest i add the interest revenue to the investment so in th future, the amount will be bigger
In order to established a credit history, you could easily get a safe and healthy loan.
hope this helps
I do understand that this is a little late, but I hope that this helps others.
Question 1. I would prefer and interest rate to compound annually. If it were to compound quarterly or daily, that means I would have to pay more, more money, in which I wouldn’t want to do so. So, annually is the best choice to spend the least amount of money as possible.
Question 6. If you have no credit history you may want to get a credit card from a specialized lender that caters for those with poor (or no) credit history. These tend to have higher percentage rates and low credit limits, but if you use this sensibly and don't make late payments you will establish a regular history of good credit use and your score will increase.
I really hoped that this helped.
As the borrower, you would prefer an interest rate does not compound, because this minimizes interest earned; ie: a simple interest rate.
As a lender, among the three options presented, you would prefer an interest rate that compounds daily because this maximizes interest earned.
c. 4 and 1/2 pounds is the answer! : )
to answer this you would add the amout of pages left to read with the amount of pages she has already read.
if she read 16 pages then there would be 200 pages in total.