subject
Mathematics, 25.10.2020 02:40 zach32131

Alondra is offered two loans for $5000 to buy her first car. She can borrow from the First Math Bank at a rate of only 7% for a five-year loan, or she can
borrow from Bank of the Proportions at a rate of 11% for a 3-year loan,
Part 1: How much would she pay in interest for each bank?
First Math Bank:
Bank of the Proportions:
Part 2: From which bank should Alondra borrow money if she wants to pay the
least amount of interest?
First Math Bank or Bank of the Proportions


Alondra is offered two loans for $5000 to buy her first car. She can borrow

from the First Math B

ansver
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 20:00, nanda22
Mat bought a phone for $100. he has to pay $30 per mouth. if he has paid $640 in total, how many mouth has he had the phone?
Answers: 2
image
Mathematics, 21.06.2019 21:00, cjgonzalez981
Type the correct answer in each box. use numerals instead of words. if necessary, use / fir the fraction bar(s). the graph represents the piecewise function: h
Answers: 3
image
Mathematics, 21.06.2019 21:10, Ahemingway7164
Mackenzie needs to determine whether the rectangles are proportional. which process could she use? check all that apply.
Answers: 1
image
Mathematics, 22.06.2019 01:30, isabellecannuli
Which equation represents a line that passes through the point (9, -4) and has a slope of 3/5?
Answers: 1
You know the right answer?
Alondra is offered two loans for $5000 to buy her first car. She can borrow from the First Math Ban...

Questions in other subjects:

Konu
Law, 21.05.2020 14:57