What is the continuous interest rate of a bank account that triples an investment in ten years if the interest is paid continuously? What is the annual growth rate?

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Mark M. · Accepted Answer

3a0 = a0ert3 = e10rln 3 = 10rCan you cmoplete and answer?

What is the continuous interest rate of a bank account that triples an investment in ten years if the interest is paid continuously? What is the annual growth rate?

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What is the continuous interest rate of a bank account that triples an investment in ten years if the interest is paid continuously? What is the annual growth rate?

1 Expert Answer

Still looking for help? Get the right answer, fast.

OR

RELATED TOPICS

RELATED QUESTIONS

graph, find x and y intercepts and test for symmetry x=y^3

-2x/x+6+5=-x/x+6

Find the mean and standard deviation for the random variable x given the following distribution

using interval notation to show intervals of increasing and decreasing and postive and negative

trouble spots for the domain may occur where the denominator is ? or where the expression under a square root symbol is negative

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