Mathematics, 15.07.2020 01:01 Ecneixneixnwism8984

Tom accumulated $12,000 in credit card debt. If the interest rate is 4% per year and he does not make any payments for 8 years, how much will he owe on this debt in 8 years by compounding continuously? Round to the nearest cent

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Tom accumulated $12,000 in credit card debt. If the interest rate is 4% per year and he does not mak...