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drek231 [11]
3 years ago
12

Peyton is going to invest $71,000 and leave it in an account for 18 years. Assuming the interest is compounded continuously, wha

t interest rate, to the nearest hundredth of a percent, would be required in order for Peyton to end up with $106,000?
Mathematics
1 answer:
rewona [7]3 years ago
4 0

Answer:

2.23

Step-by-step explanation:

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Answer:

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Step 1: Simplify both sides of the equation.

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