IDNLearn.com offers a user-friendly platform for finding and sharing knowledge. Find in-depth and trustworthy answers to all your questions from our experienced community members.
Wyatt is going to invest $58,000 and leave it in an account for 19 years. Assuming the interest is compounded continuously, what interest rate, to the nearest tenth of a percent, would be required in order for Wyatt to end up with $109,000?
The answer which is the rate, should be 3.3%
3.3%
Round to the nearest tenth of a percent which is 3.3 %
We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.
