Claire is going to invest $2,600 and leave it in an account for 18 years. Assuming the interest is compounded continuously, what interest rate, to the nearest hundredth of a percent, would be required in order for Claire to end up with $4,300?

Rate of interest r = 2.83 % (Approx.)

Step-by-step explanation:

Given:

Amount invested p = $2,600

Amount get A = $4,300

Number of year n = 18

Find:

Rate of interest r

Computation:

A = p(1+r)ⁿ

4,300 = 2,600(1+r)¹⁸

(1+r)¹⁸ = 1.653846

Rate of interest r = 2.83 % (Approx.)

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step-by-step explanation:

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i believe the correct answer is option 4.principalities were small territories that were run by russian rulers.

which statement correctly defines principalities in northern asia in the 1200s? principalities were small territories that were run by russian rulers.

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