Edgar accumulated $3,000 in credit card debt. If the interest rate is 50% per year and he does not make any payments for 3 years, how much will he owe on this debt in 3 years by compounding continuously?
Provide your answer below:

$7,459.12

Step-by-step explanation:

The formula for continuous compounding is

A = Pe^(rt), where P is the original amount, A is the accumulated amount, r is the interest rate as a decimal fraction, and t is the number of years.  We want to know how much he will owe on this original $5,000 credit card debt after 2 years.

A = $5,000e^(0.20*2)

  = $7,459.12

Step-by-step explanation:

The formula for continuous compounding is

A = Pe^(rt), where P is the original amount, A is the accumulated amount, r is the interest rate as a decimal fraction, and t is the number of years.  We want to know how much he will owe on this original $5,000 credit card debt after 2 years.

A = $5,000e^(0.20*2)

  = $7,459.12

x = 10.1

step-by-step explanation:

all of the angles of a tirangle add up to 180º

180 - 65 = 115 (since we already know the value of one angle)

(2x + 7) + (8x + 7) = 115

(combins like terms) 10x + 14 = 115

(isolate the variable subtract 14 from both sides): 10x = 101

(find the variable divide both sides by 10): x = 101/10

x = 10.1