Answer: B: Financing
Step-by-step explanation:
Financing is a type of loan that is paid with interest. This type of loan is paid with fixed installment until the debt is paid off. If the loan is defaulted, the bank gets to collect the car from the owner.
J------------K------------L
8x+11 14x-1
<span>If K is the midpoint of JL then JK = KL
8x+11 = 14x-1
11 + 1 = 14x - 8x
12 = 6x
x = 12/6
x = 2
JK = 8x + 11 = 8*2 + 11 = 16+11 = 27
KL = JK = 27
JL = JK + KL = 27 + 27 = 54</span>
You take 3.5% of £42,000 and add that to £42,000, so...
0.035 (aka 3.5%) x 42,000= 1,470+42,000= 43,470...
The manager now makes £43,470