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7 December, 09:00

Judith puts $5000 into an investment account with interest compounded explain continuously. which approximate annual rate is needed for the account to grow to $9110 after 30 years?

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  1. 7 December, 09:14
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    The interest per year for $5,000 to become $9,110 after 30 years is 2.02% compounded continuously.
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