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Scarlett is going to invest $7,900 and leave it in an account for 18 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a perce…
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Scarlett is going to invest $7,900 and leave it in an account for 18 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a perce…
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Oct 13, 2022
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Scarlett is going to invest $7,900 and leave it in an account for 18 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Scarlett to end up with $12,300?
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Answer:
2.5%
Explanation:
Discordian
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Oct 19, 2022
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