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4 votes
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

2 Answers

0 votes

Answer:

The answer is 6087.0435

Explanation:

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

User Souldzin
by
5.5k points
1 vote

Answer:

6358.29

Explanation:

This is the answer

User Yashwanth Gurrapu
by
5.6k points