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1 year ago

12

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 compou

nded continuously?

2 answers:

goldenfox [79]1 year ago

5 0

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

luda_lava [24]1 year ago

4 0

0.19 * 7 = 1.33 * 8,00 = 10,640

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