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

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= $ __

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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 comp…

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