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Suppose that $2300 is initially invested in an account at a fixed interest rate, compounded continuously. Suppose also that, after three years, the amount
Suppose that $2300 is initially invested in an account at a fixed interest rate, compounded continuously. Suppose also that, after three years, the amount of money in the account is $2444. Find the interest rate per year, Write your answer as a percentage. Do not round any intermediate computations, and round your percentage to the nearest hundredth
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Statistical Techniques In Business And Economics
Authors: Douglas A. Lind, William G. Marchal, Samuel Adam Wathen
13th Edition
9780070667075
