SOLUTION: Daniel deposits $8,000 into a continuously compounding interest account. After 18 years there is $13,006.40 in the account. What was the interest rate?
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-> SOLUTION: Daniel deposits $8,000 into a continuously compounding interest account. After 18 years there is $13,006.40 in the account. What was the interest rate?
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Question 1176991: Daniel deposits $8,000 into a continuously compounding interest account. After 18 years there is $13,006.40 in the account. What was the interest rate?
I have no idea how to do these and I tried looking at videos and they didn't help me, so answering these would be greatly appreciated. Answer by Solver92311(821) (Show Source):
