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Your parents have a plan to apply for a loan to purchase the computer set you needed for your online classes. Your parents were offered by the two lending corporations in your barangay. They shared the following information: Corporation A: A monthly payment of Php 1,250.00 for 3 years. Corporation B: A monthly payment of Php 800.00 for 5 years. Which of the two corporation offers should your parents take? Why?





PS:pahingi po ng sagot :(

Sagot :

Answer:

CORPORATION A.

(1,250)(12)= 15,000 annually

(15,000)(3)= 45,000

CORPORATION B.

(800)(12)= 9,600 annually

(9,600)(5)= 48,000

(Corp B - Corp A)

48,000 - 45,000

➣EXPLAINATION

— Therefore, the corporation that I'll choose is the corporation A. Because the CORP B. costs more than the CORP A. And even you can save 3,000 in 2 years gap between them I choose the CORP A.

Step-by-step explanation:

HI GRADE 11 AMARANTHUS

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