Solve the Problem

question 71

Multiple Choice

Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent.
-Annieʹs cafe borrows $6100 at 6% for 290 days. Find the total amount that must be repaid after 290 Days. (Use a 365 day year.)

• A) $6466.00
• B) $6129.08
• C) $6390.79
• D) $9007.95

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Definitions:

Yaqui

An indigenous group native to the valley of the Yaqui River in Mexico.

Pesticide Use

The application of chemicals to crops, buildings, and other areas to control pests and disease.

Ethnographers

Researchers who study cultures and communities by participating in and observing their daily lives, often living among the people they are studying.

Key Consultants

Members of the society being studied who provide information that helps the researchers understand the meaning of what they observe. Early anthropologists referred to such individuals as informants.