Find the interest rate needed for an investment of $6,000 to grow to an amount of $8,000 in 3 year(s) if interest is compounded continuously. Round your answer to the nearest hundredth.

Interest rate is __________% per year.

Question

Find the interest rate needed for an investment of $6,000 to grow to an amount of $8,000 in 3 year(s) if interest is compounded continuously. Round your answer to the nearest hundredth.
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Interest rate is __________% per year.

Quizplus · Accepted Answer

The Answer of Find the interest rate needed for an investment of $6,000 to grow to an amount of $8,000 in 3 year(s) if interest is compounded continuously. Round your answer to the nearest hundredth.
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Interest rate is __________% per year.

Find the Interest Rate Needed for an Investment of $6,000