Mathematics
Mathematics, 10.02.2021 14:40, adi593

Angela wants to buy a car worth β‚±950,000. He currently has β‚±200,000 and plans to borrow the remaining β‚±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? HEL P

answer
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 17:20, tfyfejeje1739
The function a represents the cost of manufacturing product a, in hundreds of dollars, and the function b represents the cost of manufacturing product b, in hundreds of dollars. a(t) = 5t + 2 b(t) = 7t - 2t +4 find the expression that describes the total cost of manufacturing both products, a(t) + b(t). a. 7t^2 - 7t + 2 b. 7t^2 + 3 +6 c. 7t^2 + 7t - 6 d. 7t^2 - 3t + 6
Answers: 3
image
Mathematics, 21.06.2019 17:30, tonnie179
What number should be added to the expression x^2+3x+ in order to create a perfect square trinomial? 3/2 3 9/4 9
Answers: 1
image
Mathematics, 21.06.2019 21:20, KennyMckormic
The radius of the circle below intersects the unit circle at (3/5,4/5). what is the approximate value of theta? 0.6 radians 1.0 radians 36.9 degrees 53.1 degrees
Answers: 3
image
Mathematics, 22.06.2019 00:30, victoria8281
Which ordered pair identifies a point in quadrant iv? a) (2, 5) b) (0, 1) c) (-1, -1) d) (12, -5) which quadrant is (-4,-6) in? a) i. b) ii. c) iii. d) iv.
Answers: 3
Do you know the correct answer?
Angela wants to buy a car worth β‚±950,000. He currently has β‚±200,000 and plans to borrow the remainin...

Questions in other subjects: