Question: Constant e & Question 1 5 , 3 . 1 . 3 1 - BE An investor bought stock for $ 4 0 , 0

Constant e &
Question 15,3.1.31-BE
An investor bought stock for $40,000. Twelve years later, the stock was sold for $60,000. If interest is compounded continuously, what annual nominal rate of interest did the original $40,000 investment earn?
The annual nominal rate of interest earned is %.
(Round to two decimal places as needed.)
 Constant e & Question 15,3.1.31-BE An investor bought stock for $40,000.

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