Answer:
We will choose option D.
Step-by-step explanation:
Milton took out a loan for $2400 at 7% interest compounded annually.
So, after one year his loan will grow up to dollars.
Therefore, the interest added to the principal is $(2568 - 2400) = $168
But Milton makes yearly payment of $140 which is less than the interest i.e. $168 which is added to his loan in the first year.
Therefore, he can not ever pay off the loan.
So, we will choose option D. (Answer)
The interquartile range (IQR) is 15.
To find the IQR, you must:
1) Find the median
2) Split the data set in two at the median.
3) Find the medians from both the groups you made in Step 2
4) Label the smaller one Quartile 1 and the larger one Quartile 3 (Hint: The median is Quartile 2)
5) Subtract: Quartile 3 - Quartile 1