Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 in one year.
a. 7%
b. 6%
c. 5%
d. 4%
+4
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Mathematics » Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 in one year. a. 7% b. 6% c. 5% d. 4%