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Levart [38]
2 years ago
5

Edgar accumulated $1,000 in credit card debt. If the interest is 10% per year and he does not make any payments for 4 years, how

much will he owe on this debt in 4 years by compounding continuously?
Provide your answer below:

A= $ __
Mathematics
1 answer:
Bezzdna [24]2 years ago
5 0
ANSWER: 400
10% of 1000 is 100 x 4 = 400
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