as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
system
create an algorithm to grade a student's paper.
user
// algorithm for grading student paper

// 1. take in paper
// 2. calculate total number of words in paper
// 3. calculate number of spelling, grammar, and punctuation errors
// 4. compare paper to the rubric
// 5. calculate the percentage of grammar, punctuation, and spelling errors
// 6. compare percentage to grade threshold
// 7. output grade
assistant