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anonymous
 5 years ago
if annual growth rate is 6.5% what is the equivalent continuous growth rate?
anonymous
 5 years ago
if annual growth rate is 6.5% what is the equivalent continuous growth rate?

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anonymous
 5 years ago
Best ResponseYou've already chosen the best response.0with annual rate 0.065, after one year (with only one compound), you will get P(1 + 0.065). Equal this with the amount that you will get when you compound continuously, that is, P(e^r). This gives 1.065 = e^r ln(1.065) = r
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