Maxine took out a loan for 3200 at 8 interest compounded

Last updated: 1/23/2024

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