We will see that the perimeter of the rectangle is exactly 390 ft, so the statement is true.
<h3>
Is the fence enough?</h3>
For a rectangle of length L and width W, the perimeter is given by:
P = 2*(L + W).
In this case, we know that:
L = 120 ft
W = 75 ft
Replacing that on the perimeter equation we get:
P = 2*(120 ft + 75 ft) = 390 ft
So the perimeter is exactly 390 ft, meaning that to put a fence around the parking lot the company will need at least 390 ft of fence.
So the statement is correct.
If you want to learn more about perimeters, you can read:
brainly.com/question/24571594
