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Emma is going to invest $5,300 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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Emma is going to invest $5,300 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 Emma to end up with $7,700?

User Blunova
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1 Answer

1 vote

Answer: r=2.0%

Explanation:

User Suraj K Thomas
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