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Suppose that $13,000 is invested at continuous rate r and grows to $81,103 in 26 years. Find the interest rate r.
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Suppose that $13,000 is invested at continuous rate r and grows to $81,103 in 26 years. Find the interest

rate r.

User Timothy Moose
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1 Answer

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The continuous interest rate r is approximately 0.0546.
User Erric
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