ashleyleon56 ashleyleon56
  • 06-03-2021
  • Mathematics
contestada

Peyton is going to invest $9,700 and leave it in an account for 16 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Peyton to end up with $14,100?

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katreenarosas katreenarosas
  • 09-03-2021

Answer: r ≈ 2.3%

Step-by-step explanation:

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