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Serenity is going to invest $130 and leave it in an account for 19 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order
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Serenity is going to invest $130 and leave it in an account for 19 years. Assuming the

interest is compounded continuously, what interest rate, to the nearest tenth of a
percent, would be required in order for Serenity to end up with $230?

User Ashish Uthama
by
5.3k points

2 Answers

3 votes

Answer:

3%

Explanation:

User Zdimension
by
5.0k points
9 votes

Answer:3.0%

Explanation:

User Whothehellisthat
by
5.0k points
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