Kathryn invests $8,327 in a savings account with a
fixed annual interest rate compounded continuously. After
10 years, the balance reaches $18,532.08. What is the
interest rate of the account?

Question

07-12-2022
Mathematics

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Kathryn invests $8,327 in a savings account with a
fixed annual interest rate compounded continuously. After
10 years, the balance reaches $18,532.08. What is the
interest rate of the account?

Sagot :

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