Question: Note: write your answer as a %, rounded to 2 decimal places. Ignore the % symbol. For example, if your answer is 0.12345 , write
Note: write your answer as a %, rounded to 2 decimal places. Ignore the % symbol. For example, if your answer is 0.12345 , write 12.35 An amount of $64500 is invested in a term deposit which earns continuous compounded interest. Then, as each term expires, the balance is rolled over and reinvested at the best interest rate with continuous compounding that is available. After 10 years the total balance of $112875.0 is withdrawn. What annual rate of interest has been earned over this period
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