Mathematics, 18.11.2020 04:00, serenityarts123

Devoe has $1300 to invest and needs $1700 in 20 years. What annual rate of return will he need to get in order to accomplish his goal, if interest is compounded
continuously? (Round your answer to two decimals.)
a) 3.28%
b)1.28%
c) 2.28%
d) 1.34%

Answers: 2

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Devoe has $1300 to invest and needs $1700 in 20 years. What annual rate of return will he need to get in order to accomplish his goal, if interest is compounded continuously? (Round your answer to two decimals.) a) 3.28% b)1.28% c) 2.28% d) 1.34%

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Devoe has $1300 to invest and needs $1700 in 20 years. What annual rate of return will he need to get in order to accomplish his goal, if interest is compounded
continuously? (Round your answer to two decimals.)
a) 3.28%
b)1.28%
c) 2.28%
d) 1.34%