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AnnZ [28]
3 years ago
13

Ellie wants to buy a computer for $900. She can save $75 a month in a savings account and earn $2 for every $100 saved and buy t

he computer when she has enough money. Or, she can pay back $75 a month on a bank loan for $900 and pay interest of $7 for every 100 borrowed. How much will she pay for the computer for each of the two choices?
Mathematics
1 answer:
dimulka [17.4K]3 years ago
6 0

Answer:

For savings: 924$ paid. For loan: 963$ paid

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