19) An investment of $5000 grows to a value of $7500 in 4 years. What is the interest rate of the investment if the interest is compounded continuously? (
19) An investment of $5000 grows to a value of $7500 in 4 years. What is the interest rate of the investment if the interest is compounded continuously? (
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.CR: Review Problem Set
Problem 56CR
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