Mathematics, 13.12.2021 14:00 claraesson5581
QUESTION 27 -1 POINT
Sung Lee invests $8,000 at age 18. He hopes the investment will be worth $24,000 when he turns 30. 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.
Answers: 3
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Mathematics, 21.06.2019 19:10
If $740 is invested at an interest rate of 11% per year and is compounded continuously, how much will the investment be worth in 7 years? use the continuous compound interest formula a = pert.
Answers: 1
QUESTION 27 -1 POINT
Sung Lee invests $8,000 at age 18. He hopes the investment will be worth $24,...
Mathematics, 13.07.2020 18:01
Mathematics, 13.07.2020 18:01
Mathematics, 13.07.2020 18:01
Mathematics, 13.07.2020 18:01