Posts by placiddrifter10

Back when I was in college, I was on a scholarship sponsored by a firm based out of Chicago. I held that scholarship from January 2008 through June 2010. For the first five months, I was receiving $300, followed by $400 per month for the remainder of the term. Once that final check cleared, I was supposed to start working for them—though I did manage to negotiate a bit of a delay. In the interim, I wasn't receiving any further funding.

The deal with the company is pretty blunt: I either start working for them now, or I pay back the entire amount with a 15% annual interest rate. Could someone help me run the math so I know exactly what I’m looking at? Unfortunately, my understanding of interest-bearing accounts is... lacking...

Thanks!

Which one works better for staying fit, and which one actually helps you drop weight?