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Laura invests $100 in an account that continuously compounds. In 50 years, her money will triple. What is the interest rate for this account

Laura invests $100 in an account that continuously compounds. In 50 years, her money will triple. What is the interest rate for this account
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Laura invests $100 in an account that continuously compounds. In 50 years, her money will triple. What is the interest rate for this account

asked
User Mohammad Mirzaeyan
by
7.9k points

1 Answer

3 votes

Answer:

its something close 5%

Explanation:

answered
User Ray Vernagus
by
8.0k points
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