document.write( "Question 865306: What rate of interest compounded continuously is needed for an investment of $3000 to grow to $15,000 in 30 years? \n" ); document.write( "
Algebra.Com's Answer #521608 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "30r = ln(5) \n" ); document.write( "r = ln(5)/30 \n" ); document.write( "In %, r = 100ln(5)/30\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |