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John wantsto invest his savings cost ₱131, 568 in a business. Corporation A offers a simple interest rate of 3.25% within 330 days, Corporation B offers a simple interest rate of 2.21% within 330 days exact time, while Corporation C offers 3.11% simple interest rate within 11 months. Which among the offers will John choose to invest his money? Show your solutions to support your answer. pasagot po salamat​

Sagot :

"CORPORATION A"

John will choose to invest in corporation A because it is only 330 days which is only 10.849 Months and it's interest is 3.25% (Bigger than the Offer of Corporation B which is also 330 days but the interest rate is only 2.21%).

Why not Corporation C?

  • Corporation C is literally much longer than corporation A because its 11 Months which is 334.584 days (Much Longer than Corporation A in about 4.584 days).

Hope it Helps!

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