Mathematics, 25.05.2020 22:57 Tmerchy
Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $20,000 when he turns 25. If the interest compounds continuously, approximately what rate of growth will he need to achieve his goal? Round to the nearest tenth of a percent.
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Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $20,000 when he turns 25. I...
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