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I have P50,000 to make partial payments on my credit card bills. Below are my credit card bills: Credit Card Provider Bank A Bank

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I have P50,000 to make partial payments on my credit card bills. Below are my credit card bills: Credit Card Provider Bank A Bank B Bank C a. Monthly Interest Rate 3% 2% 5% Amount Due (P) 75,000 25,000 25,000 How much from the P50,000 should I pay to each credit card provider? b. Explain your answer to letter (a). Why did you choose that payment? C. How much interest will be added after the payments made in (a)?

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