Question

Pablo wants to start a savings account and apply for a vehicle loan. He’s not sure which bank he should open the savings account with and which bank he should apply for the vehicle loan. He wants the most return on his money in savings, but he doesn’t want a high rate on his vehicle loan. Given this information and the tables below, determine with which bank Pablo should open his savings account and with which bank he should apply for a vehicle loan. 2 tables. A 2-column table with 3 rows titled Loan Rates. Column 1 has entries Bank A, Bank B, Bank C. Column 2 has entries 4. 3 percent, 4. 1 percent, 5. 4 percent. A 2-column table with 3 rows titled Savings Rates. Column 1 has entries Bank A, Bank B, Bank C. Column 2 has entries 1 percent, 1. 3 percent, 1. 1 percent. 2007-04-04-00-00_files/i0100001. Jpg a. Bank B for the car loan and Bank B for the savings account b. Bank B for the car loan and Bank C for the savings account c. Bank C for the car loan and Bank A for the savings account d. Bank A for the car loan and Bank C for the savings account.

Answer 1

Answer:

A. Bank B for the car loan and Bank B for the savings account

Explanation: