Find annual growth rate if investment grew continuously, Mathematics

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Find annual growth rate if investment grew continuously

The annual growth rate for the investment which is growing continuously is provided by

r =1/tln(A/P)

where P is principle and A is amount after t years.

Investment of $9000 with the certain computer company in 1995 grew to $250000 in 1998. Suppose investment grew continuously, find annual growth rate?

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Mathematics: Find annual growth rate if investment grew continuously

Reference No:- TGS0850625

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Recent Questions Asked Mathematics

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Mathematics: Find annual growth rate if investment grew continuously

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Recent Questions Asked Mathematics

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