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Uhhh I kinda need help with this

Uhhh I kinda need help with this-example-1
User Bastian
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Part a:

Interest for 6 months = 2.4%

Interest for 9 months = 2.9%

2.4/100 = 0.024

0.024 * 900 = 21.6

2.9/100 = 0.029

0.029 * 900 = 26.1

926.1 - 921.6 = 4.50

$4.50 more interest is owed.

Part b:

No, the rate does not increase at a constant rate.

2.9 - 2.4 = 0.5. There is a 0.5 increase from 6 months to 9 months, which is 3 months.

3.0 - 2.9 = 0.1. There is a 0.1 increase from 9 months to 12 months, which is also 3 months.

User Raygerrard
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