Angela wants to buy a car worth ₱950,000. He currently has ₱200,000 and plans to borrow the remaining ₱650,000 through the bank. Bank A offers an interest rate of 10% per year for 5 years where interest is computed on a simple interest basis. Bank B, meanwhile, offers an interest rate of 9% per year for 2 years but on monthly compounding. Both banks require payment only at the end of 3 years. Which bank's loan product should she choose?

Answers

Answer 1

Answer:

Bank A

Step-by-step explanation:

Loan amount = 650000

Bank A:

Simple interest after 3 years :

Loan amount * rate * time

650000 * 0.1 * 3 = 195,000

Bank B:

Compound interest formula :

A = P(1 + r/n)^nt

n = number of compounding times per period

A = 650000( 1 + 0.09/ 12)^12*3

A = 650000(1.0075)^36

A = 650000 * 1.3086453

A = 850619.49

Interest on payment = 850619.49 - 650,000 = 200619.49

Interest on Bank A product is lesser than Bank B


Related Questions

What is the area of the object above? A. 90 sq cm B. 104 sq cm C. 140 sq cm D. 98 sq cm

Answers

Answer:

A. 90

Step-by-step explanation:

12 x 4 = 48

14 x 3 = 42

42 + 48 = 90

60 point question please answer
convert to vertex form using the points given

Answers

Answer:

dgbsbansksonfnkzkanehfb

Step-by-step explanation:

xhzbjzjajsnfjksms

After a battle six people were killed and 45 were injured. There were 467 people involved in all. What percent of the total people involved, to the nearest whole percent, were either killed or injured.

Answers

Answer:

11%

Step-by-step explanation:

Someone help please ASAP!!! 15 points available

Answers

Answer:

A E F

Step-by-step explanation:

I just did it on a calculator and saw if was a recurring

what is 4x - y = - 20 in y=mx+b form

Answers

Answer: y = 4x + 20

Step-by-step explanation:

4x - y = -20

=> -y = -4x - 20

=> y = 4x + 20

Answer:

4x - y = - 20 in y=mx+b form is:  y = 4x + 20

Step-by-step explanation:

Given the equation

[tex]4x - y = - 20[/tex]

What is the slope-intercept form of linear/line function?

The slope-intercept form of the line equation

[tex]y = mx+b[/tex]

where

[tex]m[/tex] represents the slope[tex]b[/tex] represents the y-intercept

Converting the equation into the slope-intercept form of the line equation

[tex]4x - y = - 20[/tex]

Add -4x to both sides

[tex]4x-y+\left(-4x\right)=-20+\left(-4x\right)[/tex]

simplify

[tex]-y=-20-4x[/tex]

Divide both sides by -1

[tex]\frac{-y}{-1}=-\frac{20}{-1}-\frac{4x}{-1}[/tex]

Simplify

[tex]y=4x+20[/tex]

Therefore, 4x - y = - 20 in y=mx+b form is:  y = 4x + 20

The local planetarium is selling tickets for the new laser light show at the price of 2 tickets for $5.00. Which graph shows the relationship between the number of tickets bought and the total cost?
All i need is the answer. Thanks!

Answers

Answer:

A

Step-by-step explanation:

It is the first one because it you mark the number 2 between 0 and 4 and the number 5 between 0 and 10, you can see it is just in the middle which is 2:5

Answer:

a

Step-by-step explanation:

Three divided by four

Answers

Answer:

0.75

Step-by-step explanation:

3/4=0.75

Hope this helps! :)

what the recursive formula for 1, 3, 5, 7, 9 11, 13,

Answers

Answer:

15

Step-by-step explanation:

1, 3. 5, 7. 9, 11. 13, 15.

I NEED THIS FOR A QUIZ PLS

Answers

C since hyptnotuse has a much greater length and is not shorter than the leg of it
The answer for this question would be C

BRAINLIEST AND 20 POINTS COME QUICKKKKKKK

Answers

Answer:

Im pretty sure it is B

Step-by-step explanation:

at first I said D but then I realized it said positive

True OR False. For Multi-Step Equations: Combine Like Terms first, then Distribute.​

Answers

Answer:

True

Step-by-step explanation:

Florence makes y cards in 3 minutes. how many cards does she make in 1 minute

Answers

Answer:

y:3

y/3:1

She can make y/3 cards in one minute

Step-by-step explanation:

Answer:

Florence would have made 1/3y card in 1 minute

Step-by-step explanation:

the the total amount is y and y is also 3 then 3 is 3 times more than 1

sorry if it doesn't make sense.

Write the equation of the line parallel to 2y=6x-7 that passes through the point (3,-2)
I

Answers

Step-by-step explanation:

I think this is the answer

Activity 2 of 2
Part B: What is the probability that a member chooses whole wheat bread, ham, and Swiss cheese?
O A. 1

Answers

Answer:

1/12

Step-by-step explanation:

I got this question on one of my quizzes

WHC 1    WWBHC 1   Explanation: there are 12 samples and they asked us to                  

WHS 2    WWBHS 2  pick 1 so it would be 1/12

             (whole wheat bread, ham, swiss)

WHA 3    WWBHA 3

WTC 4     WWBTC 4

WTS 5      WWBTS 5

WTA 6      WWBTA 6  

Whats the answer for -2x+11+6x ?

Answers

Answer:

4x + 11

Step-by-step explanation:

-2x + 11 + 6x

- 2 + 6x

4x + 11

Download the app photomath, it will help you solve problems like this one.

Question 1 (1 point)
Ryan is going to paint the room represented by this net. Determine the square footage Ryan needs to paint (Hint 'The ceiling
and floor will not be ppainted.)

Answers

It’s is b why u covering your camera lol

HELP ASAP WILL GIVE BRAINLY!!

Answers

Answer:

7 units. I hope I was able to help kiddo :)

It should be 7 units tell me if I’m wrong tho

leonard has 32 jazz CD's and 48 classical CD's. write down the ratio of the number of jazz CD's to the number of Classical CD's. give your ratio in its simplest form

Answers

Answer:4   : 3

Step-by-step explanation:

32:48

8 : 6

4 : 3

please someone help on this

Answers

Answer:

1 solution

no solution

infinitely many

1 solution

Step-by-step explanation:

1. 2.3x-7=-7

2.3x=0

x=0

2. 3x=5+3x

0x=5

x=5/0

That’s undefined

3. 40-4x=4(10-x)

40-4x=40-4x

They both are equal no matter what. So, infinitrly many

4. -7+x=-(x+7)

-7+x=-x-7

2x=0

x=0

1 solution I.e 0

Answer:   1-  One solution

                2- No solution

                3- Infinite

               4-  one solution

Step-by-step explanation:  Hope this helps. pls mark me brainliest. :)

When Brandon went bowling, it cost $4.95 per game, plus a one-time fee to rent the shoes. Brandon played 5 games and paid $32. Write and solve linear equation to find the cost to rent the shoes.​

Answers

I think the equation would be
y=4.95x +7.25
The cost of the shoes in this instance would be 7.25.
Since he play 5 games, and each one cost 4.95, you would multiply the two getting 24.75. Since he paid 32, you would subtract what he paid total from the amount for just the games and you would get 7.25.
Using the equation y=4.95(5) + 7.25, it would equal 24.75+7.25 which is equal to 32.
I hope this is right and the answer you were looking for, have a good day.

What is the inverse of y = 3* ?

Answers

It doesn’t have an inverse because it doesn’t pass the horizontal line test

HELPP PLSSS IM REALLY STUCKKKK

Answers

akmsosmwbssklwmajslsnjslwnskwlwhxlsnsn

please help it should be ez for you guys ;-; brainiest to best answer :D

Answers

Answer:

1: -16/0 or undefined

2: 0

Step-by-step explanation:

Answer:

17

≈ 0.31

Step-by-step explanation:

Do the rise over run tactic for both of these points :

[tex]\frac{Y2 - Y1}{X2 - X1}[/tex]

Substitute : (8,7) and (8, -9)

[tex]\frac{(-9 ) -8}{7-8}[/tex]

[tex]\frac{-17}{-1}[/tex]

[tex]17[/tex]

Substitute : (-5, 8) and (4, 8)

[tex]\frac{8- 4}{8- (-5)}[/tex]

[tex]\frac{4}{13}[/tex]

≈ [tex]0.31[/tex]

what is -x+y=30
x=7y

Answers

Answer:

the answer is 37

im 100% positive

Step-by-step explanation:

Change x-2y=4 into slope-intercept form.

Answers

Answer:

y=1/2x-2

Step-by-step explanation:

Can someone help me please ?

Answers

No , because if you were to add 4+6 in the second equation you’ll get 10 then subtract the 4 on the right side that would give you. 2d + 6 = 5. So 2d + 4 = 5 is not the same as 2d + 6 = 5

In NOP,the measure of p=90 the measure of n=59 and PN=7.4 feet.Find the length of OP to the nearest tenth of a foot

Answers

Answer:

12.3 feet

Step-by-step explanation:

Given

<P = 90 degrees

<N = 59 degrees

PN = 7.4 feet

Required

OP

NO = hypotenuse

OP = adjacent

PN = opposite = 7.4

Using SoH CAH TOA identity

tan <O =PN/OP

tan (180-149) = 7.4/OP

tan 31 = 7.4/OP

OP = 7.4/tan 31

OP = 7.4/0.600

OP = 12.3 feet (to the nearest tenth)

Find the distance between each points A(6,8) B(-1,8)

Answers

Answer:

7

Step-by-step explanation:

[tex]\sqrt{(x2-x1)^{2} +(y2-y1)^{2} }[/tex]

[tex]\sqrt{((-1)-6)^{2} +(8-8)^{2} }[/tex]

simplify to get 7 as answer

The distance between (6,8) and (-1,8) is 7.

It is required to find the distance between each points.

What is distance?

The distance of an object can be defined as the complete path travelled by an object .Distance is a scalar quantity that refers to "how much ground an object has covered" during its motion.

Given:

By the use the distance formula to find the distance between (6,8) and (-1,8).

∵The distance between two points is given by

=[tex]\sqrt{(x_{2}-x_{1} )^{2}+ (y_{2}-y_{1} )^{2} } \\\\[/tex]

Distance between the point (6,8) and origin(-1,8) =

[tex]\sqrt{(-1-6 )^{2}+ (8-8 )^{2} } \\\\=\sqrt{(-7 )^{2}+ (0 )^{2} }\\\\=7[/tex]

Hence, the distance between (6,8) and (-1,8) is 7.

Learn more about distance here:

brainly.com/question/21389325

#SPJ2

There are 49 dogs signed up for a dog show. There are 36 more small dogs than large dogs. How many small dogs have signed up to compete?

Answers

Answer:

first you need to see the total amount of big doge then take that amount and add 36 + 49 which equals 85 so that means their were 85 small dogs that sighned up to compete

Step-by-step explanation:

i might be wrong just sayin that it might be multiplication or adding but now you know how to do it i hope i helped you

Answer: 42.5

Step-by-step explanation:

A certain type of bacteria doubles every hour. If you have two cells of this bacteria, how many will you have at the end of the day (there are 24 hrs. in a day)?​

Answers

Answer:

16777216

Step-by-step explanation:

You put 2 to the pour of 24 hours so:

2^24 = 16777216

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