Maurice took out a 25-year loan from his bank for $165,000 at an apr of 2.4%, compounded monthly. if his bank charges a prepayment fee of 6 months' interest on 80% of the balance, what prepayment fee would maurice be charged for paying off his loan 11 years early? a. $818.55 b. $740.77 c. $585.55 d. $731.94

20

step-by-step explanation:

option 2 is correct.

step-by-step explanation:

we are given two inequality equation

x+y> 5 and -3x+2y< -2

first we draw the graph of both function using t-table method

equation: x+y> 5

for x=0, y=5

for x=-5, y=0

table:

x   :   0     5

y   :   5     0

test point (0,0) , 0> 5

false

equation: -3x+2y< -2

for x=0, y=-1

for x=2, y=4

table:

x   :   0     2

y   : -1       4

test point (0,0) , 0< -2

true

now we draw the graph. see the attachment for graph.

common region would be solution set.

option 2 is correct.