Mathematics, 22.02.2021 18:00 chassidytjtrimb

Nora is going to invest $9,600 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate,
to the nearest hundredth of a percent, would be required in order for
Nora to end up with $14,400?

Answers: 2

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Nora is going to invest $9,600 and leave it in an account for 8 years. Assuming the interest is com...

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More questions: Mathematics Another questions

Nora is going to invest $9,600 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate, to the nearest hundredth of a percent, would be required in order for Nora to end up with $14,400?

Answers

Another question on Mathematics

Nora is going to invest $9,600 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate,
to the nearest hundredth of a percent, would be required in order for
Nora to end up with $14,400?