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An investment of $200 is now valued at $315. Assuming continuous compounding occurred for 6 years . What interest rate needed for this to be possible

An investment of $200 is now valued at $315. Assuming continuous compounding occurred for 6 years . What interest rate needed for this to be possible
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An investment of $200 is now valued at $315. Assuming continuous compounding occurred for 6 years . What interest rate needed for this to be possible

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User Digdog
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About $19.16 a year because you do 315-200 which gives you 115 and than you divide that by 6
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User Artuska
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