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Compound Interest Course Packet on accumulated amount examples - solving for an unknown interest rate with continuous compounding of interest Determine the interest rate r

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Compound Interest Course Packet on accumulated amount examples - solving for an unknown interest rate with continuous compounding of interest Determine the interest rate r needed for an investment of $3,000 to grow to $6,000 in 3 years if interest is compounded continuously. Exact interest rate (without using a calculator), r = Interest rate, as a percent, rounded to 2 decimal places = Submit

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