Mathematics, 05.05.2020 14:10 Evycin

Sung Lee invests $4,000 at age 18. He hopes the investment will be worth $16,000 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 $4,000 at age 18. He hopes the investment will be worth $16,000 when he turns 25. I...