Question: What annual rate with continuous compounding would be required for a debt of $ 1 , 3 5 5 to grow into $ 3 ,
What annual rate with continuous compounding would be required for a debt of $ to grow into $ in years?
In this question you will need to solve for r in FV PVert. Start by dividing both sides by PV Then use logarithms to "bring down" the exponent.
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