One of your groupmates is planning to purchase a cellular phone. Here are the three offers of an insurer: OFFER A OFFER B OFFER C Mode of Payment: installment Time Payment: at the end of each month Interest: 4.5% compounded monthly Down payment: Php 3000 Monthly Payment: Php 1699 for 1 year Mode of Payment: installment Time Payment: at the end of each month Interest: 4.5% compounded quarterly Down payment: Php 3500 Monthly Payment: Php 1699 for 1 year Mode of Payment: installment Time Payment: at the end of each month starting on the 2nd month Interest: 4.5% compounded monthly Down payment: Php 3500 Monthly Payment: Php 1699 for 1 year ✓ Identify the difference among the three offers by showing the solution for total payment of cellular phone and its interest. ✓Give at least 2 reasons for each offer why your groupmate would choose it.
One of your groupmates is planning to purchase a cellular phone. Here are the three offers of an insurer: OFFER A OFFER B OFFER C Mode of Payment: installment Time Payment: at the end of each month Interest: 4.5% compounded monthly Down payment: Php 3000 Monthly Payment: Php 1699 for 1 year Mode of Payment: installment Time Payment: at the end of each month Interest: 4.5% compounded quarterly Down payment: Php 3500 Monthly Payment: Php 1699 for 1 year Mode of Payment: installment Time Payment: at the end of each month starting on the 2nd month Interest: 4.5% compounded monthly Down payment: Php 3500 Monthly Payment: Php 1699 for 1 year ✓ Identify the difference among the three offers by showing the solution for total payment of cellular phone and its interest. ✓Give at least 2 reasons for each offer why your groupmate would choose it.
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Transcribed Image Text:One of your groupmates is planning to purchase a cellular phone. Here are the three offers of an insurer:
OFFER A
OFFER B
OFFER C
Mode of Payment: installment
Time Payment: at the end of each
month
Interest: 4.5% compounded monthly
Down payment: Php 3000
Monthly Payment: Php 1699 for 1
year
Mode of Payment: installment
Time Payment: at the end of each
month
Interest: 4.5% compounded
quarterly
Down payment: Php 3500
Monthly Payment: Php 1699 for 1
year
Mode of Payment: installment
Time Payment: at the end of each
month starting on the 2nd month
Interest: 4.5% compounded monthly
Down payment: Php 3500
Monthly Payment: Php 1699 for 1
year
✓ Identify the difference among the three offers by showing the solution for total payment of cellular phone and its
interest.
✓Give at least 2 reasons for each offer why your groupmate would choose it.
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