Page 11 - MATH 101 | GROUP 5 PT
P. 11
T H E P O W E R O F D R E A M S
The simple interest and future
value of this product are Php
356,105.12 and Php 1,960,905.12.
The compound interest and future
value of this product are Php
342,476.48 and Php 1,947,276.48.
Therefore, the compound interest
is the best choice because it costs
less. In choosing this, you can save
an amount of Php 13,628.64.
