Question: TH Example 3: What interest rate is required to make a $200 investment grow money is invested for 5 years and interest is compounded quartery

TH Example 3: What interest rate is required to make a $200 investment grow money is invested for 5 years and interest is compounded quartery 300 if the 2 0 200200 Y In cases where an investment is growing in value all the time, not just in set intervals, we consider that the interest is compounding continuously. The formula will be Example 4: An investment is made at 6%, compounded continuously. If $2000 was originally invested, how much interest would be eared in 7 years? Example 5: Find the compound amount for $7500 invested at an annual rate of 2.07% compounded continuously for 3 years

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