Edgar accumulated $6,000 in credit card debt. If the interest rate is 20% per year, and he does not make any payments for 2 years, how much will he owe (in dollars) on this debt in 2 years by each method of compounding? (Simplify your answers completely. Round your answers to the nearest cent.) (a)
compound quarterly
$
(b)
compound monthly
$
(c)
compound continuously
$
†

on your paper it doesn't say the answer but the the answer is altitude

step-by-step explanation:

6/20

step-by-step explanation:

"a" determine whether sage found the correct quotient. show your work

step-by-step explanation:

step-by-step explanation:

points a and b are equidistant from the desired line, so the line you find by using them will go through point r.

using points other than a and b will give the desired line only if they are equidistant from r. if they are randomly located, the perpendicular line you create will not necessarily go through point r, hence will not be a solution to the problem.