Suppose that $2700 is borrowed for four years at an interest rate of 3% per year, compounded continuously. Find the amount owed, assuming no payments are made until the end.

Do not round any intermediate computations, and round your answer to the nearest cent.

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Moran

30 January, 15:02

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Alexus · Answer 1

you have to make a around the year with 2700$

Suppose that $2700 is borrowed for four years at an interest rate of 3% per year, compounded continuously. Find the amount owed, assuming no payments are made until the end.Do not round any intermediate computations, and round your answer to the nearest cent.