Question: Math 110 Course Resources - Compound Interest Course Packet on accumulated amount examples - solving for an unknown interest rate with continuous compounding of interest

amount examples - solving for an unknown interest rate with continuous compounding

Math 110 Course Resources - Compound Interest Course Packet on accumulated amount examples - solving for an unknown interest rate with continuous compounding of interest Determine the interest rate r needed for an investment of $4,000 to grow to $7,000 in 9 years if interest is compounded continuously. Exact interest rate (without using a calculator), r = X Interest rate, as a percent, rounded to 2 decimal places = 6.22 \\/ % Submit Answer -I1 Points] DETAILS

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