An investment of $200 is now valued at $315. Assuming continuous compounding has occurred for 6 year

Discussion in 'Calculator Requests' started by math_celebrity, Apr 27, 2020.

Tags:
  1. math_celebrity

    math_celebrity Administrator Staff Member

    An investment of $200 is now valued at $315. Assuming continuous compounding has occurred for 6 years, approximately what interest rate is needed to be for this to be possible?

    Using our continuous compounding calculator solving for interest rate, we get:
    I = 7.57%
     
    math_celebrity, Apr 27, 2020
    #1

Share This Page