Question

Nora is going to invest $9,600 and leave it in an account for 8 years.

Assuming the interest is compounded continuously, what interest rate,
to the nearest hundredth of a percent, would be required in order for
Nora to end up with $14,400?

Answer 1

I think that she wouldn't end up with “$14,400” she would end up with $76,800 if you multiply.

Answer 2

The answer is 5.07%, I just did this :)