Mathematics, 05.04.2021 22:30 bobbyhsu3751

Joshua is going to invest $9,000 and leave it in an account for 5 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a
percent, would be required in order for Joshua to end up with $12,500?

Answers: 3

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Joshua is going to invest $9,000 and leave it in an account for 5 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Joshua to end up with $12,500?

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Joshua is going to invest $9,000 and leave it in an account for 5 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a
percent, would be required in order for Joshua to end up with $12,500?