safaaza0730 safaaza0730

02-04-2020
Mathematics

contestada

Sven accumulated $10,500 in credit card debt. If the interest rate is 3.45% per year and he does not make any payments for 15 years, how much will he owe on this debt in 15 years by compounding continuously?
Round your answer to the nearest cent.
Do NOT round until you have calculated the final answer.

Respuesta :

alanasaldivar33 alanasaldivar33

10-11-2020

Answer:

17,617.19

Step-by-step explanation:

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