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Aubree is going to invest $27,000 and leave it in an account for 10 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in
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Aubree is going to invest $27,000 and leave it in an account for 10 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Aubree to end up with $39,000?

User Alex Coppock
by
8.2k points

1 Answer

3 votes

Answer:

3.7%

Explanation:

simple

User Pavel Anossov
by
7.4k points
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