Question: What annual rate with continuous compounding would be required for a debt of $1,361 to grow into $3,613 in 17.1 years? In this question you

What annual rate with continuous compounding would be required for a debt of $1,361 to grow into $3,613 in 17.1 years?

In this question you will need to solve forr in FV = PVert. Start by dividing both sides by PV. Thenuselogarithms to "bring down"the exponent.

Round your answer to the nearest tenth of a percent.

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