SOLUTION: Determine the rate of interest required for a principal of $1000 to produce a future value of $4000 after 10 years compounded continuously.
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Question 1072607: Determine the rate of interest required for a principal of $1000 to produce a future value of $4000 after 10 years compounded continuously.
Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
13.86% interest rate
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