Acertain college graduate borrows $8000 to buy a car. the lender charges interest at an annual rate of 10%. assuming that interest is compounded continuously and that the borrower makes payments continuously at a constant annual rate k, determine the payment rate k that is required to pay off the loan in 3 years. also determine how much interest is paid during the 3-year period.

The payment is .

Interest paid during the 3-year period is

Step-by-step explanation:

Hi

The Payment amount

We are going to use the formula below with and .

Interest paid during the 3 year

the correct option is 2.

step-by-step explanation:

according to the given information triangle abc is a right angle triangle with right angle at a. segment ab is 5 and segment ac is 7. point d is on segment bc and angles adb and adc are right angles.

it is given that triangles abd, cad, and cba are similar.

two triangles are similar if their corresponding sides are proportional.

in triangle cba, using pythagoras theorem

                      )

triangle abd and cba are similar,

                            (2)

triangle cad and cba are similar,

                      )

using (1), (2) and (3), we get

hence proved.

therefore option 2 is correct.

mean, 40.6

step-by-step explanation: