What interest rate is required to yield a balance, Financial Management

You invest $1,000 at an annual interest rate of 5% compounded continuously. How much is your balance after 8.5 years?  How long will it take you to accrue a balance of $4,000? What interest rate is required to yield a balance of $7,000 after 7 years?

Posted Date: 8/10/2013 6:56:34 AM | Location : United States







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