Mycnike Mycnike
  • 07-12-2020
  • Mathematics
contestada

Jack invests $6,000 at age 28. He hopes the investment will be worth $300,000 when he turns 60. If the interest
compounds continuously, approximately what rate of growth will he need to achieve his goal?

Respuesta :

justinlabove justinlabove
  • 07-12-2020

Answer:

400000

Step-by-step explanation:

Answer Link
laurenepperson9 laurenepperson9
  • 09-12-2020

Answer:

12.2%

Step-by-step explanation:

Answer Link

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