Lesson 35 : Solving Problems on Business and Consumer loans

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Solving Problems on Business and Consumer loans

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Solving Business and Consumer Loans

1 / 10

A car dealer offers Ms. Garcia a brand-new car worth ₱420,000.00 with a 15% down payment. How much would be the mortgaged amount?

2 / 10

A ₱20,000,000.00 worth of beach resort was bought by Mr. Sy through ABC Bank. However, the bank demands a 20% down payment. How much is the mortgaged amount?

3 / 10

A student loan of ₱30,000.00 was applied by Bebot to support her final year in college payable in 3 consecutive years after her graduation. In how many months will she need to pay fully her student loan?

4 / 10

A student loan of ₱30,000.00 was applied by Bebot to support her final year in college payable in 3 consecutive years after her graduation. In how many months will she need to pay fully her student loan?

5 / 10

For the purchase of her motorcycle worth ₱200,000.00, Mila requested the buyer, Lita, to pay him 25% down payment. How much will Lita pay Mila for the down payment?

6 / 10

Mr. Santos borrowed ₱2,500,000.00 to be repaid in full after 10 years with an interest rate of 10% per annum. What is the amount of the principal?

7 / 10

Joey borrowed ₱50,000.00 from a financing institution. His final loan amount is ₱48,000.00 due to the deduction of the down payment. How much is the down payment?

8 / 10

Ms. Cuyo borrowed a loan of ₱500,000.00 to be repaid in full after 3 years with an interest rate of 12% per annum. What is its interest rate in decimal form?

9 / 10

The mortgagee is the one who _______ in a mortgage.

10 / 10

It is a type of mortgage where the interest remains constant throughout the term of the loan.

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Solving Problems on Business and Consumer loans
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LAS - Business and Consumer Loans
10. GENERAL MATHEMATICS_Q2_LAS - ILLUSTRATES, DISTINGUISHES AND SOLVE PROBLEMS INVOLVING BUSINESS AND CONSUMER LOANS
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