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Sarah is going to invest $280 and leave it in an account for 9 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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10 votes
10 votes
Sarah is going to invest $280 and leave it in an account for 9 years. Assuming the

interest is compounded continuously, what interest rate, to the nearest tenth of a
percent, would be required in order for Sarah to end up with $410?



Plzzz helppp

User Ericmp
by
2.8k points

1 Answer

19 votes
19 votes

Answer:

4.2%

Explanation:

User Alex Emelianov
by
2.7k points
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