You have just taken out a five-year loan from a bank to buy an engagement ring. The

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You have just taken out a five-year loan from a bank to buy an engagement ring. The ring costs

$7000. You plan to put down $1000 and borrow $6000. You will need to make annual payments of $1250 at the end of each year. Show the timeline of the loan from your perspective. How would the timeline differ if you created it from the bank’s perspective?

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Renita Aranha

Teaching & learning is my deep interest since childhood.i completed post graduation in commerce in 2017. I also qualified KSET examination. Got placed immediately after my studies in reputed institution as Asst Professor. Presented papers at national & international conference. Having experience of 3 years in teaching was able to teach more than 10 subjects in commerce such as banking, organisational behaviour, accounting, tax, law, auditing etc. My capabilities extended even to teach the ACCA professional papers such as APM,AA, SBR. I also tutor for primary & high school students since college days. To my credit I have certificates of FDP's attended, online learning in commerce subjects. Hence I find all possible aways to enhance my knowledge & share it with students. As a full time faculty of institution with experience of 3 yrs I am able to understand students concerns towards certain difficult topics & capable of explaining them with ease. I am student friendly with approachable attitude make students comfortable to clarify their doubts. I believe teaching is unending process & sharing it is gaining knowledge!

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