Question:
Maxine took out a loan for 3200 at 8 interest compounded
Last updated: 1/23/2024
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Maxine took out a loan for 3200 at 8 interest compounded makes yearly payments of 250 will she ever pay off the loan A Yes because 250 is less than the amount of interest she is charged per year B No because 250 is greater than the amount of interest she is charged per year C Yes because 250 is greater than the amount of interest she is charged per year D No because 250 is less than the amount of interest she is charged per year