tony is taking a 5 year loan in the amount of $15,000. The interest is continuously compounded at an annual rate of 7%. How much will he owe, in dollars, at the end of the loan term?

$21,038.28

Step-by-step explanation:

Use the equation 15000(1.07)^5 since 1.07 equals to 7% and you are loaning more money to Tony's account for 5 years.  You should get $21,038.28 as your result.

step-by-step explanation:

descending order means to order the polynomials from the term with the largest exponent to the term with the smallest exponent.  

therefore, the correct answer is d.  

example 2 – simplify: step 1: completely factor both the numerators and denominators of all fractions. step 2: change the division sign to a multiplication sign and flip (or reciprocate) the fraction after the division sign; essential you need to multiply by the reciprocal. step 3 : cancel or reduce the fractions.