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If $5,000 grows to $5,623.12 after 1 year, with interest compounded continuously, what is the interest rate? How long will it take the original amount
If $5,000 grows to $5,623.12 after 1 year, with interest compounded continuously, what is the interest rate? How long will it take the original amount to grow to $6,000?
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An Introduction to the Mathematics of Financial Derivatives
Authors: Ali Hirsa, Salih N. Neftci
3rd edition
012384682X, 978-0123846822
