15.6k views
2 votes
7) At what interest rate would a deposit of $50,000 grow to $111,277 in 25 years with continuous compounding?

A) 3.2%
B) 6.2%
C) 1.2%
D) 4.2%

1 Answer

8 votes
C) 1.2%
Hope this helped !!
User Gayan Jayasingha
by
6.7k points