Mathematics, 20.04.2021 21:30 michaelowenmccollum

HELP! A savings account starts with $231.25. After 8 years of continuous compounding at an interest rate, r, the account has $1850. What is the interest rate percentage?

Round the answer to the nearest hundredth.

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HELP! A savings account starts with $231.25. After 8 years of continuous compounding at an interest...

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HELP! A savings account starts with $231.25. After 8 years of continuous compounding at an interest rate, r, the account has $1850. What is the interest rate percentage? Round the answer to the nearest hundredth.

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Another question on Mathematics

HELP! A savings account starts with $231.25. After 8 years of continuous compounding at an interest rate, r, the account has $1850. What is the interest rate percentage?

Round the answer to the nearest hundredth.