Recall the formula for interest compounded continuously
A= Pert
where P is the principal, r...
Mathematics, 07.05.2021 16:50 shortyyashaun
Recall the formula for interest compounded continuously
A= Pert
where P is the principal, r is the annual interest rate, and t is the number of years.
If you invest $1000 in an account, what interest rate will be required to double your money in 10 years?
O 0.069%
O 1%
O 6.9%
O 7.4%
10.0%
Need help
Answers: 1
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