Reina borrowed 1,200,000Php for the purchase of the car. If her monthly payment is 31,000Php or a 5-year mortgage, find the total amount paid by Reina. 1,200,000PH 660,000Php 1,860,000Php 2,400,000PHP

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
6th Edition
ISBN:9781337111348
Author:Bruce Crauder, Benny Evans, Alan Noell
Publisher:Bruce Crauder, Benny Evans, Alan Noell
Chapter1: Functions
Section1.1: Functions Given By Formulas
Problem 2TU: What is your monthly payment if you borrow 5000 at a monthly rate of 0.61 and pay it off in 5 years?
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Question 3
Reina borrowed 1,200,000Php for the purchase of the car. If her monthly payment is 31,000Php on
a 5- year mortgage, find the total amount paid by Reina.
A
1,200,000Php
B
660,000Php
© 1,860,000Php
D
2,400,000Php
Quection 4
Transcribed Image Text:Question 3 Reina borrowed 1,200,000Php for the purchase of the car. If her monthly payment is 31,000Php on a 5- year mortgage, find the total amount paid by Reina. A 1,200,000Php B 660,000Php © 1,860,000Php D 2,400,000Php Quection 4
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