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n a bank account, interest is paid on a continuous basis. What is the continuous annual interest rate if the effective annual interest rate is
n a bank account, interest is paid on a continuous basis. What is the continuous annual interest rate if the effective annual interest rate is 9.10%? Enter your answer in percentage points and round to two decimal places, your answer is e.g. 7.2614% answer in that case 7.26. Hint 1: The continuous interest rate is defined as the simple interest rate below the infinite interest rate. Hint 2: In addition to analytics, the task can be solved approximately by inserting a very large value for the rate of return.
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