• anonymous
Suppose that $1500 is initially invested in an account at a fixed interest rate, compounded continuously. Suppose also that, after two years, the amount of money in the account is$1577 . Find the interest rate per year. Write your answer as a percentage. Do not round any intermediate computations, and round your percentage to the nearest hundredth.
Mathematics

Looking for something else?

Not the answer you are looking for? Search for more explanations.