Question: What is the equivalent rate per year with continuous compounding that can generate the same future value as annual interest rate r = 11% per
What is the equivalent rate per year with continuous compounding that can generate the same future value as annual interest rate r = 11% per year with quarterly compounding?
Please round your answer to three decimal places and do not express the number solution in percentage. For example, proper format is 0.013 rather than 1.3%.
Your answer: _________________.
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