Solución
A certain loan program offers an interest rate of 4% compounded continuously. Assuming no payments are made, how much would be owed after seven years on a loan of $1900
Solución
Pasos de solución
Translate the problem into an equation:
Round to the nearest hundredth:
Ejemplos populares
A card from a standard deck is chosen at random, then a coin is tossed. What is the probability of getting an ace and tails?Felix has 5,483 in an account. The interest rate is 12% compounded annually.To the nearest cent, how much interest will he earn in 2 years?The area of a circle is 100pi square meters. What is the radio?what is the área of a square whose diagonal is 4The sum of two numbers is 532. Twice the larger number plus 4 times the smaller number is 1556. Find the numbers.