Math 100 – Workshop – Linear Functions: Modeling and ...
Loan repayment . A college student receives an interest-free loan of $8250 from a relative. The student will repay $125 per month until the loan is paid off. (a) Express the amount L (in dollars) remaining to be paid in terms of time t (in months); that is, write the linear function L = mt + b. (b) After how many months will the student … ................
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