Jay borrows $8,000 at a rate of 1.9% interest per year. What is the amount due at the end of 6 years if the interest is compounded continuously? $8,965.21 $10,027.21 $8,966.02 $25,014.15

Jay borrows $8,000 at a rate of 1.9% interest per year. What is the amount due at the end of 6 years if the interest is compounded continuously?

$8,965.21
$10,027.21
$8,966.02
$25,014.15

2 Answers

Jay borrows $8,000 at a rate of 1.9% interest per year. What is the amount due at the end of 6 years if the interest is compounded continuously? $8,965.21 $10,027.21 $8,966.02 $…

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