M
, 03.08.2022 18:32

# Jeanine owes \$1200 on a credit card. The card charges 16% interest, compounded continuously. Write a formula that describes how much Jeanine will owe on her card after T years, assuming she makes no payments and does not incur any additional charges.

Answered by an experienced expert nasty0541

d) A(t)=1200(1.16)^t.

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