Mathematics, 11.03.2021 04:00 zach099

Aaron is going to invest $560 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate, to the nearest hundredth of
a percent, would be required in order for Aaron to end up with $640?

Answers: 1

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Aaron is going to invest $560 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate, to the nearest hundredth of a percent, would be required in order for Aaron to end up with $640?

Answers

Another question on Mathematics

Aaron is going to invest $560 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what interest rate, to the nearest hundredth of
a percent, would be required in order for Aaron to end up with $640?