T A
3
I applied for a new credit card that gave me a $1000
balance and an interest rate of 5%, compounded
continuously, for 4 years. What formula should I use to
see how much I would spend if I used the money right
away?
O No answer text provided.
ons
O A = Pert
je
O A= P(1+r)
Education
O A = P(1-3)