PERFORMANCE

TASK IN GENERAL
MATHEMATICS
G R A D E 1 1 - A R C H D I O C E S E O F N U E VA S E G OV I A
( I N O C E N C I O G . , RO M UA L D O, M E D I N A , S AG U T I N )
CAR LOAN
TOYOTA SIENNA 2019

- Php 1,610,217.30

HONDA ODYSSEY 2019

-Php 1,552,369.80
FEATURES:
2019 HONDA ODYSSEY 2019 TOYOTA SIENNA
SUGGESTED RETAIL PRICE ₱ 1,552,369.80 ₱ 1,610,217.30
METER PER GALLON 22 22
ENGINE 280-HP, 3.5 LITER V-6 (REG GAS) 296-HP, 3.5 LITER V6 (REG GAS)
TRANSMISSION 9 SPEED AUTOMATIC W/OD, 8 SPEED AUTOMATIC W/OD,
AUTO MANUAL AUTO MANUAL
SEAT CAPACITY 7 SEATER 7 SEATER
DEPRECIATION RATE 7.1% = 0.071 10.04% = 0.1004
DEPRECIATION
 DEPRECIATION RATE
FORMULA
y= P (1-r)ˆt
TOYOTA SIENNA 2019 HONDA ODYSSEY 2019
P= ₱ 1,610,217.30 P= ₱ 1,552,369.80
r= 7.1% = 0.071 r= 10.04% = 0.1004

Where in: P= principal r= rate t= time

DEPRECIATION RATE OF CARS
YEAR TOYOTA SIENNA HONDA ODYSSEY
2019 2019
(PRICE) (PRICE)
Brand New ₱ 1,610,217.30 ₱ 1,552,369.80
1 ₱ 1,448,551.48 ₱ 1,442,151.54
2 ₱ 1,303,116.92 ₱ 1,339,758.79
3 ₱ 1,172,283.98 ₱ 1,244,635.91
4 ₱ 1,054,586.67 ₱ 1,156,266.76
5 ₱ 948,706.16 ₱ 1,074,171.82
GRAPH OF DEPRECIATION RATE OF
CARS
CHOICE :
HONDA
ODYSSEY
2019
-Php 1,552,369.80
INTEREST
WITH LOANABLE AMOUNT OF
₱1,600,000.00
BPI CAR LOAN INTEREST RATE
EASTWEST CAR LOAN INTEREST RATE
 INTEREST RATE
FORMULA
I=Prt
P= ₱1,600,000.00

Where in: P= principal r= rate t= time

CAR LOAN INTEREST RATE
YEAR BPI CAR LOAN EASTWEST CAR
INTEREST LOAN INTEREST
(AMOUNT) (AMOUNT)
One year ₱ 72,000.00 ₱ 67,360.00
One and a half years ₱ 163,440.00 ₱ 155,040.00
Two years ₱ 325,440.00 ₱ 283,840.00
Three years ₱ 785,280.00 ₱ 662,400.00
Four years ₱ 1,440,000.00 ₱ 1,225,600.00
Five years ₱ 2,330,400.00 ₱ 2,051,200.00
CAR LOAN TOTAL BALANCE
FORMULA: B= P+I
YEAR BPI CAR LOAN EASTWEST CAR
BALANCE LOAN BALANCE
(AMOUNT) (AMOUNT)
One year ₱ 1,672,000.00 ₱ 1,667,360.00
One and a half years ₱ 1,763,440.00 ₱ 1,755,040.00
Two years ₱ 1,925,440.00 ₱ 1,883,840.00
Three years ₱ 2,385,280.00 ₱ 2,262,400.00
Four years ₱ 3,040,000.00 ₱ 2,825,600.00
Five years ₱ 3,930,400.00 ₱ 3,651,200.00
CHOICE :
EASTWEST
BANK
With ₱ 2,051,200.00
interest in 5 years and
total balance of
₱ 3,651,200.00
 RECOMMENDATION:
Based from our computations, as the car dealers of this company, we
think it is better if we choose the Honda Odyssey 2019, not only because it
offers us the lower price of a mini van, which is ₱ 1,552,369.80 during its first
year, but it also has great features, which we think most car-lovers would choose.
Why choose Honda Odyssey? Well, it’ll retail for ₱ 1,074,171.82 after five
consecutive years of depreciation as well. Which only means that it has a greater
value than the Toyota Sienna, for it depreciates for 7.1%.
After choosing the best car to sell, we would also choose EastWest Bank
for our Auto Loan, because the investment of the car after five years will be at
the price of ₱ 2,051,200.00, which has the lower value of investment unlike BPI
that offers the owner to pay a higher amount of investment after five years.
THANK YOU! =)