Finding the final amount in a word problem on continuous. Suppose that $3300 is borrowed for six years at an interest rate of 8.5% per year, compounded continuously. Find the amount owed, assuming no payments are made until the end. Do not round any intermediate computations, and round your answer to the nearest cent.
Finding the final amount in a word problem on continuous. Suppose that $3300 is borrowed for six years at an interest rate of 8.5% per year, compounded continuously. Find the amount owed, assuming no payments are made until the end. Do not round any intermediate computations, and round your answer to the nearest cent.
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Round to the nearest cent
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