Round to the nearest cent it’s not 5495.457 w-Hill Campus -2020FA- XMcGraw-Hill Education Campus XA ALEKS - Hibah Abusaad - Learn XA https://www-awu.aleks.com/alekscgi/x/Isl.exe/1o_u-IgNslkr7j8P3jH-ViLwpxbwPrkicRI6pS60AVDiQYFU2vvpW5Cg2ejiQpPjBx4pF.. QO EXPONENTIAL AND LOGARITHMIC FUNCTIONSFinding 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 paymentsare made until the end.Do not round any intermediate computations, and round your answer to the nearest cent.Check2020 Mer Education All Rights Reserved Tems of LseI Prvecy AccessibilExplanationP Type here to searchIII

Given that, Amount borrowed (P) = $3300 Interest rate (r) = 8.5% per year = 0.085 Period (t) = 6…

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.

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.

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter6: Systems Of Equations And Inequalities

Section: Chapter Questions

Problem 17PS: Cholesterol Cholesterol in human blood is necessary, but too much can lead to health problems. There...

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