One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold

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One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold on January 2, 1998, for $12,500. What rate of interest compounded continuously did this investment earn?

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Calculus And Its Applications

ISBN: 9780134437774

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

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