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Ashley decides to take out a $14000 loan to pay for college. The loan compounds continuously at a 5.33%. How much money does Ashley owe after 8 years?

Ashley decides to take out a $14000 loan to pay for college. The loan compounds continuously at a 5.33%. How much money does Ashley owe after 8 years?
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Ashley decides to take out a $14000 loan to pay for college. The loan compounds continuously at a 5.33%. How much money does Ashley owe after 8 years?

asked
User Carasel
by
8.4k points

1 Answer

5 votes

Answer:$21,444.24

Lol I literally had this

Explanation:

answered
User Juri Sinitson
by
8.5k points
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