Use the formula for continuous compounding to compute the balance in the account after 1,5, and 20 years. Also find the APY for the account A $7000 deposit in an account with an APR of 4.2%
The balance in the account after 1 year is approximately s
(Round to the nearest cent as needed.)
The balance in the account after 5 years is approximately $
(Round to the nearest cent as needed.)
Thn holanrn in the account oftar en nare is annrovimota el
Enter your answer in each of the answer boxes.

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Barbara has a good credit history and is able to purchase a car with a low-interest car loan. she co-signs a car loan for her friend jen, who has poor credit history. then, jen defaults on the loan. who will be held legally responsible by the finance company and why? select the best answer from the choices provided. a. barbara will be held legally responsible because she has a good credit history. b. jen will be held legally responsible because she drives the car. c. barbara will be held legally responsible because she is the co-signer. d. jen will be held legally responsible because she has a poor credit history. the answer is a