Mathematics, 20.04.2020 22:17 Bra1nPowers

Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 in one year.

a. 7%
b. 6%
c. 5%
d. 4%

Answers: 3

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Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 in one year. a. 7% b. 6% c. 5% d. 4%

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Another question on Mathematics

Use the formula for continuously compounded interest, A = Pert, to find the annual interest rate for an $8000 investment that earns $410.17 in one year.

a. 7%
b. 6%
c. 5%
d. 4%