Register

Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming til interest is compounded continuously, what interest rate, to the nearest hundredth of a perce…

Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming til interest is compounded continuously, what interest rate, to the nearest hundredth of a perce…
asked 234k views
3 votes
Ella is going to invest $18,000 and leave it in an account for 8 years. Assuming til

interest is compounded continuously, what interest rate, to the nearest hundredth of
a percent, would be required in order for Ella to end up with $22,000?

asked
User Mariangeli
by
7.6k points

2 Answers

1 vote

Answer:

90

Explanation:

answered
User Takharsh
by
8.1k points
1 vote

Answer:2.51

Explanation:

answered
User Marjanbaz
by
7.7k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!