If you take out a loan for $561.60 over eight years at an interest rate of 9.3%, what is the total amount you will have to repay
1 answer:
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Answer:
Option A.
Step-by-step explanation:
According to triangle inequality theorem, a triangle exists if the sum of two sides is greater that third side.
Apply this theorem on each combination.
Case I:
...(1)
Case II:
...(2)
Case III:
...(3)
On combining (1), (2) and (3), we get
Therefore, the correct option is A.
