Answer:

Step-by-step explanation:
we know that
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above and solve for r
Applying ln both sides



Convert to percentage

Answer:
i dont remeber the exact answer but with the millions get rid of the 0s to add easier
Step-by-step explanation:
Answer:
601
Step-by-step explanation:
Hmm... That question took me years to solve.
If it is 20% off, then ur actually paying 80%
so an equivalent expression would be 0.80p