A college student receives an interestfreeloan of $8250 from a relative. The student will repay$125 per month until the loan is paid off. Express the amount P (in dollars) remaining to be paid in terms of time t (in months).

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 8E
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A college student receives an interestfree
loan of $8250 from a relative. The student will repay
$125 per month until the loan is paid off. Express the amount P (in dollars) remaining to be paid
in terms of time t (in months).

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