asked 181k views
4 votes
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?

asked
User Yrazlik
by
7.7k points

1 Answer

1 vote

Answer:

2.5%

Explanation:

answered
User Discordian
by
7.7k points
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