maxine took out a loan for $3200 at 8% interest, compounded annually. if she makes yearly payments of $250, will she ever pay of
2 answers:
Solution:
As per the problem
Maxine took out a loan for $3200 at 8% interest, compounded annually.
she makes yearly payments of $250.
she will be able to Payoff her loan iff yearly payments made is greater than yearly interest.
Interest payable in first year
Interest payable in first year
This payable interest will goes on increasing year on year.
Hence Maxine will never payoff the loan.
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Answer:
3 feet
Step-by-step explanation:
A 12-foot ladder is leaning across a fence and is touching a higher wall located 3 feet behind the fence. The ladder makes an angle of 60 degrees with the ground.
ladder is 12 foot
The ladder makes an angle of 60 degrees with the ground.
It form a right angle triangle . ladder is the hypotenuse
multiply 12 on both sides
x= 6
the distance from the base of the ladder to the bottom of the fence
x-3 = 6-3=3 feet