Connor borrows $8,000 at a rate of 19% interest per year. what is the amount due at the end of 7 years if the interest is compounded continuously? $14,576.95 $29,215.37 $30,248.35 $43,791.58

The correct option will be:   $30,248.35

Step-by-step explanation:

Continuous compound interest formula:   , where   Initial amount, Final amount, rate of interest in decimal form and time duration.

Here,   and

So, plugging these values into the above formula....

So, the amount due at the end of 7 years will be $30,248.35

use an equation of ratios to determine the amount of gas needed to fill the tank.

    0.2             0.8

  =    

288.75             x

                                                              231 gal

so, 0.2x = (0.8)(288.75 gal), and x = = 1155 gal.

                                                                0.2

it would take 1155 gal. to fill the tank.

the cost would be

1155 gal         $3

* = $3465   (answer)

      1           1 gal

hope this you

step-by-step explanation:

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