TiyeGab4bupver TiyeGab4bupver
  • 28-03-2017
  • Mathematics
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Math Help Please!!



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?

$14,576.95
$29,215.37
$30,248.35
$43,791.58

Respuesta :

Aliwohaish12
Aliwohaish12 Aliwohaish12
  • 28-03-2017
A=pe^rt
A=8,000×e^(0.19×7)
A=30,248.35

The answer is c
Answer Link

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