Question

martha accumulated $6000 in credit debt if the interest rate is 1.45 percent per year and she does not make any payments for 4 years how much will she owe on her debt in 4 years by compounding continuously

Answer 1

The answer is 6087.0435

Explanation:

6000 + 1.45% + 1.45% + 1.45% + 1.45% = 6087.0435

Answer 2

6358.29

Explanation:

This is the answer