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:
Area of the wall to be painted = (11x² + 12x) square units
Step-by-step explanation:
The figure that should be attached to this question is missing. The figure was obtained and is attached to this solution provided.
From the image attached, it is given that the dimension of the rectangular wall to be painted is (4x+3) by (4x), the dimensions of the window is (2x) by (x) and the dimensions of the door is (x) by (3x).
Since, the window space and the door space cannot be painted along with the wall, the Area of the rectangular wall that will be painted will be given by the expression
(Total Area of the rectangular wall) - [(Area of window space) + (Area of door space)]
Area of a rectangular figure = Length × Breadth
Total area of rectangular wall = (4x+3) × 4x = (16x² + 12x) square units
Area of window space = (2x) × (x) = (2x²) square units
Area of door space = (x) × (3x) = (3x²) square units
Area of the wall to be painted = (16x² + 12x) - (2x² + 3x²)
= 16x² + 12x - 5x²
= (11x² + 12x) square units
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