Ruby is planning to borrow money amounting to ₱ 250,000.00. China Bank is offering 1.25% compounded semi – annually, while East west Bank offers 1% compounded monthly.

For numbers 1- 5, use the situation above.

1. How much will be the maturity value after 5 years if he borrows from China Bank? *

ROUND OFF INTO 2 DECIMAL PLACES. EX: 1,234.56

2. How much will be the maturity value after 5 years if he borrows from East west Bank? *

ROUND OFF INTO 2 DECIMAL PLACES. EX: 1,234.56

3. What will be the interest after 5 years if he borrows from China Bank? *

ROUND OFF INTO 2 DECIMAL PLACES. EX: 1,234.56

4. What will be the interest after 5 years if he borrows from East west Bank? *

ROUND OFF INTO 2 DECIMAL PLACES. EX: 1,234.56

5. Which bank offers the smaller interest? *

ROUND OFF INTO 2 DECIMAL PLACES. EX: 1,234.56

**Step-by-step explanation:**

sana makatulong hihi ganyan ang sinagutan ko nong week 9 tamayan