Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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1. Kayden borrowed $6000 from her brother to buy a car. She repaid him after 9
months with an interest rate of 5% per year. Find the total amount that Kayden
repaid, and the amount of interest that she paid. Use A = P(1 + rt)
A = 6000 (1+(0.05)(/2))
I+(0.05)(2))
A = 6225 Total
amount kayden repaid.
%3D
$225 Amount of interes Kayden paid
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Transcribed Image Text:1. Kayden borrowed $6000 from her brother to buy a car. She repaid him after 9 months with an interest rate of 5% per year. Find the total amount that Kayden repaid, and the amount of interest that she paid. Use A = P(1 + rt) A = 6000 (1+(0.05)(/2)) I+(0.05)(2)) A = 6225 Total amount kayden repaid. %3D $225 Amount of interes Kayden paid
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