You need a loan for $1000, and you can take this loan out with Company A or Company B. Company A charges an 8% interest rate and needs to be paid off in 5 years. Company B charges a 5% interest rate and needs to be paid off in 8 years. Which company should you get a loan from and why?

Company b

Step-by-step explanation:

because company B is only 5percent it is better and can pay in 8 years

hey there!

if she's saving for six months, let's divide the total number we need for the trip by six, dividing it into the amount that needs to be saved for each month.

500 ÷ 6 =

she needs to save at least this amount each month, so we should use this symbol: ≥

let x be the amount she saves each month.

your final answer is x ≥

hope this !