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Sedaia [141]
4 years ago
15

Think about this situation: you've been saving ten dollars a month for something you really want, and you now have $30. It's now

on sale for $100. You ask your grandparents to lend you $70 so you can buy it. You tell them that you'll pay $10 each month. They say that they'll lend you the money, but your repayment must include interest. You will need to repay them $77. Would you take the loan? Discuss at least two reasons for your decision.
History
1 answer:
storchak [24]4 years ago
3 0

Answer:

I would take the loan.

Explanation:

I would take the loan because all around, $77 dollars is not that much money in itself. It would be fairly easy to pay your grandparents back eventually. Plus, if you have a strong desire and need for the item that costs $100, so much so that you would not mind paying technically $7 more to your grandparents in interest in total cost, it does not seem like so bad a decision. Overall, the interest rate would be 10%, which is quite low. In conclusion, I would definitely take the loan. :)

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Narrator 1 -- Good Morning to all of you. We are going to present a small conversation, based on a hypothetical situation, between Gandhi and Hitler.

Narrator 2 -- Before we proceed, here is a small introduction of Gandhi and Hitler!

Narrator 1 -- Gandhi was the personification of kindness and humanity. Hitler was a living monster. Gandhi achieved the exemplary feat of freeing this sub-continent from the mighty British Empire through peaceful means while Hitler became the cause of killing more than fifty lacks innocent men, women and children.

Narrator 2 -- Gandhi loved humanity. He encouraged women and girls to fully realize their potential. He fought relentlessly for the cause of dalits and all forsaken people. His name evokes deep respect, love and devotion in countless hearts all over the world. Hitler's name universally evokes repulsion and fear.

Narrator 1 -- Alright, lets now start off with the skit.

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Hitler -- They got us nowhere.

Gandhi -- (Looking up from his charkha) I know.

Hitler -- It is rude that you should be spinning as we talk.

Gandhi -- I will stop.

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Gandhi -- But what will happen to all those innocent men, women and children who have been sacrificing their lives just for the power that you want.

<span>Hitler -- You mean .........the Jews? All the evil comes from those beasts! According to me, even their blood is impure</span>
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4 years ago
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