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2 years ago

5

Suppose that $1800 is borrowed for three years at an interest rate of 2% per year, compounded continuously. Find the amount owed

, assuming no payments
are made until the end.

1 answer:

Schach [20]2 years ago

5 0

1908

Step-by-step explanation:2% of 1800 is 36 36 x 3 is 108 + 1800 =1908

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