A business owner applies for a credit card to cover $13,000 in emergency expenses. The credit card

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A business owner applies for a credit card to cover $13,000 in emergency expenses. The credit card charges 19.99% annual interest compounded continuously. If no payments are made for 2 years, what will the balance on the card be, rounded to the nearest penny? $15,855.25 $15,876.65 $19,337.60 $19,389.84

Posted Date: May 18, 2024 05:11 PM

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A business owner applies for a credit card to cover $13,000 in emergency expenses. The credit card

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