Mathematics, 18.07.2021 18:10 americanbellabeauty
Edgar accumulated $6,000 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 (in dollars) on this debt in 2 years by each method of compounding? (Simplify your answers completely. Round your answers to the nearest cent.)
(a)
compound quarterly
$
(b)
compound monthly
$
(c)
compound continuously
$
†
Answers: 2
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△cde maps to △stu with the transformations (x, y) arrowright (x − 2, y − 2) arrowright (3x, 3y) arrowright (x, −y). if cd = a + 1, de = 2a − 1, st = 2b + 3 and tu = b + 6, find the values of a and b. the value of a is and the value of b is .
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Answers: 1
Edgar accumulated $6,000 in credit card debt. If the interest rate is 20% per year, and he does not...
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