Mathematics, 24.07.2020 19:01 cjhenson02

Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not make any payments for 2 years, how much will he owe on this debt in 2 years by compounding continuously? Round to the nearest cent.

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Edgar accumulated $5,000 in credit card debt. If the interest rate is 20% per year and he does not m...