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Suppose that 2000$ is initially invested in an account at a fixed interest rate, compounded continuously. Suppose also that, after five years, the amount of money in the account is $2403 . Find the interest rate per year.

Write your answer as a percentage. Do not round any intermediate computations, and round your percentage to the nearest hundredth.

% per year

1 Answer

6 votes

Answer:

13400

Explanation:

User Fazeel Qureshi
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