What amount do you pay each month for a loan of $8000 at a rate of 2% across 6 years?
1 answer:
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Answer:
Step-by-step explanation:
From the graph, we can conclude that,
is less than 2 and not including as there is a hollow circle at the mark 2.
Also, is greater than or equal to 7 including 7 as there is a solid circle at the mark 7
So, the compound inequality will be
Now, the option that simplifies to the above inequality is the required answer.
Let us check the first option.
Therefore, option 1 simplifies to the above compound inequality.
So, the correct answer is option 1.