Solve the Problem $$11,907 \mathrm { ft } ^ { 2 }$$

question 93

Multiple Choice

Solve the problem.
-A developer wants to enclose a rectangular grassy lot that borders a city street for parking. If the developer has 252 feet of fencing and does not fence the side along the street, what is the largest area that can be enclosed?

• A) \[11,907 \mathrm { ft } ^ { 2 }\]
• B) \[7938 \mathrm { ft } ^ { 2 }\]
• C) \[15,876 \mathrm { ft } ^ { 2 }\]
• D) \[3969 \mathrm { ft } ^ { 2 }\]

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Definitions:

Interest

Interest is the charge for borrowing money, typically expressed as an annual percentage rate.

Effective Rate

The actual interest rate on an investment or loan, considering the compounding of interest at specific intervals within a given time period.

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage.

Effective Yield

The total yield on an investment after considering the effects of compounding interest or dividends over a specific period.