Mark Became Overextended in His Gambling Debt and Could Not

question 106

Short Answer

Mark became overextended in his gambling debt and could not pay $400 he owed. The loan person said he could have three weeks to pay off the $400 at 6% interest per week compounded continuously. How much will Mark have to pay at the end of the three weeks? Please round the answer to the nearest hundredth. $__________

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Definitions:

Neuroticism

A personality trait characterized by anxiety, fear, moodiness, worry, envy, frustration, jealousy, and loneliness.

Big Five

A model of personality that outlines five broad dimensions: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Personality

A person’s characteristic patterns of behaving, thinking, and feeling.

Neurotransmitters

Chemical messengers in the nervous system that transmit signals across the synapse from one neuron to another.