Question: Differential Equations help! apter 2, Section 2.3 Question 09 certain college graduate borrows 6488 dollars to buy a car. The lender charges interest at an
apter 2, Section 2.3 Question 09 certain college graduate borrows 6488 dollars to buy a car. The lender charges interest at an annual rate of 17%. Assuming that interest is compounded continuousiyandthat the borrower makes payments continuously at a constant annual rate k dollars per year, determine the payment rate that is required to pay off the loan in 5 years. Also determine how much interest paid during the 5 -year period Round your leiswers to two decimal places. payment rate dollars per year, the tolerance is +/-2% interest paid Click you would like to show work for this question TEXT question Attempts o used
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