Beruflich Dokumente
Kultur Dokumente
1 5.25% 6.25%
2 6.00% 7.00%
3 6.25% 7.25%
4 6.88% 7.88%
5 6.88% 7.88%
6-10 8.50% 9.50%
11-15 9.50% 10.50%
16-20 11.50% 12.50%
Bank A
What: Solve:
1 year 5.75%
2-3 years 6.50%
4-5 years 6.75%
10 years 8.50%
15 years 10.25%
20 years 10.75%
Bank B
What: Solve:
Bank C
What: Solve:
Interest- 7% -> 0.07 3,000,000 x 0.08 = 240,000
Conclusion:
We therefore conclude that based on the
results of our research and computations,
Bank C has the highest interest rate
while Bank B has the lowest interest
rate.
Final Examination
in
General Mathematics
Submitted by:
Carandang, Jeraldine
Roque, Chelsea
Villanueva, Ruthiel
Problem:
Xyrus is planning to buy a condominium.
The unit’s average price is P3,000,000, in
which he wanted to pay it for 5 years. He
decided to put it in a housing loan but is
having a hard time in choosing which
bank has the highest interest rate.