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catherine decides to think about retirement and invests at the age of 21. she invests $25,000 and hopes the investment will be worth $500,000 by the time she turns 65. if the interest compounds continuously,
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catherine decides to think about retirement and invests at the age of 21. she invests $25,000 and hopes the investment will be worth $500,000 by the time she turns 65. if the interest compounds continuously, approximately what rate of growth will she need to achieve his goal?

User Thomas Koelle
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23 votes
23 votes

Answer:6.8%

Step-by-step explanation:

User Allan Xu
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