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TheJag18:
(Continuously Compounded Interest LC) A business owner applies for a credit card to cover $13,000 in emergency expenses. The credit card charges 19.99% annual interest compounded continuously. If no payments are made for 2 years, what will the balance on the card be, rounded to the nearest penny? $15,855.25 $15,876.65 $19,337.60 $19,389.84
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Deadshot:
$19,434.61
TheJag18:
thats not a choice
Deadshot:
sorry 19,337.60
TheJag18:
np :)
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