asked 207k views
2 votes
Alice invests $15,000 at age 30 from the signing bonus of her new job. She hopes the investment will be worth $30,000 when she turns 40. If the interest compounds continuously, approximately what rate of growth will she need to achieve her goal? Round to the nearest tenth of a percent.

1 Answer

6 votes

Answer:

6.9

Explanation:

answered
User Emilie Zawadzki
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7.4k points
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