mccutchen101 mccutchen101

22-02-2017
Mathematics

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Connor borrows $8,000 at a rate of 19% interest per year. What is the amount due at the end of 7 years if the interest is compounded continuously?

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Anonymous Anonymous

22-02-2017

0.19 7 = 1.33 8,00 = 10,640

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22-02-2017

19 7 = 133 8,000 = $1,064,000

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