asked 91.2k views
3 votes
David is going to invest $290 and leave it in an account for 15 years.

Assuming the interest is compounded continuously, what interest rate,
to the nearest hundredth of a percent, would be required in order for
David to end up with $570?

asked
User Mgroat
by
8.7k points

1 Answer

4 votes
4.5%. if you want the steps go to a website called calculator soup.
answered
User Bitten
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.