Question: $41 deposited in an account is compounded continuously for 9 years. What is the continuous interest rate if the balance at the end of
$41 deposited in an account is compounded continuously for 9 years. What is the continuous interest rate if the balance at the end of the period is $1,012? (Round your answer to 1 decimal place.) Number %
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We can use the formula for continuous compounding A Pert where A is the final ... View full answer
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