Mathematics, 09.04.2021 04:30 20cschultz

A savings account starts with $312.50. After 9 years of continuous compounding at an interest rate, r, the account has $1250. What is the interest rate percentage?

Round the answer to the nearest hundredth.

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A savings account starts with $312.50. After 9 years of continuous compounding at an interest rate,...

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A savings account starts with $312.50. After 9 years of continuous compounding at an interest rate, r, the account has $1250. What is the interest rate percentage? Round the answer to the nearest hundredth.

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Another question on Mathematics

A savings account starts with $312.50. After 9 years of continuous compounding at an interest rate, r, the account has $1250. What is the interest rate percentage?

Round the answer to the nearest hundredth.