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37. A loan, secured by a collateral, that the borrower is obliged to pay at specified terms.
A. Amortization B. Business
C. Consumer D. Mortgage
38. If a car loan of P790,000 requires a 20% downpayment, how much is the mortgage?
A. P632
B. P6,320
C. P63,200
D. P632,000
39. How much is the downpayment? (refer to problem #38)
A. P15,800
B. P63,200
C. P158,000
D. P632,000​

Sagot :

Hanajeeeengo

Answer:

37. D. mortgage

38. D. P632, 000

39. C. P158, 000

Step-by-step explanation:

38. 790,000 - 20% = 632, 000

39. 790, 000 - 632, 000 = 158, 000

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