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babunello [35]
2 years ago
10

Catherine decides to think about retirement and invests at the age of 21. She invests $25,000 and hopes the investment will be w

orth $500,000 by the time she turns 65. If the interest compounds continuously, approximately what rate of growth will she need to achieve his goal? Round to the nearest tenth of a percent.
Mathematics
1 answer:
Irina18 [472]2 years ago
4 0

Answer:i belive the answer should be 8800 dollars a year

Step-by-step explanation:

500000/25000

= ans  X  440

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