Don’t know if I got number 7 right please someone help me with these!!!! 7. You charge $1625 on your credit card that adds 8.2% interest. If you
don't make any payments, what will your balance be after 4 years if
compounded continuously?
8. Using the info from #7, if you don't make any payments, what will your
balance be if it's compounded monthly?
9. You buy a tractor for $24,575 that depreciates in value at a rate of 25%
per year. How much will your tractor be worth after 6 years?
