Question: Solve the following problems and build a diagram for each case, 3 each. 1. A personal loan for $2,500 was obtained about 3 months ago,

Solve the following problems and build a diagram for each case, 3 each. 1. A personal loan for $2,500 was obtained about 3 months ago, it is canceled through two payments, one of $1,000 today and another for the amount that you determine within 5 months, if the interest is 5% every four months. A.$1,293.36B.$1,493.36C.$1,893.36D.$1,693.36E.Other 2. Mr. Prez buys a LAPTOP COMPUTER HP 15DY2062LA, with a down payment of 150 dollars that represents 25% of the price of the Laptop, and two equal installments to cover the remaining 75% How much is each one, if there are charges of 35%CM and payments are made at 3 and 4 months after purchase? A. \$248.79 B. $218.79 C. $278.79 D. $298.79 E. Other
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
