Alondra is offered two loans for $5000 to buy her first car. She can borrow from the First Math Bank at a rate of only 7% for a five-year loan, or she can
borrow from Bank of the Proportions at a rate of 11% for a 3-year loan,
Part 1: How much would she pay in interest for each bank?
First Math Bank:
Bank of the Proportions:
Part 2: From which bank should Alondra borrow money if she wants to pay the
least amount of interest?
First Math Bank or Bank of the Proportions

a framing bias

step-by-step explanation:

rodrigo is subject to a framing bias i believe.

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

step-by-step explanation:

formula

x = x1 + p/w(x2 - x1)

let the line segment ab with a(x1,y1) and b(x2,y2)

a point(x,y) divide ab in the ratio, 2: 3 the x coordinate can be written as

x = x1 + p/w(x2 - x1)

here p=2 and w = 2+3

therefore,

x coordinate can be written by using the formula, x= x1 + 2/5(x2 - x1)

similarly y coordinate y = y1 + 2/5(y2 - y1)