Find the interest rate r if the interest is compounded continuously and no withdrawals or further deposits

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Find the interest rate r if the interest is compounded continuously and no withdrawals or further deposits are made.

Initial Amount: $1,500;

Amount in 5 years: $2,000

Related Book For answer-question

Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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Posted Date: May 18, 2023 02:31 AM

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Find the interest rate r if the interest is compounded continuously and no withdrawals or further deposits

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Engineering Economy

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