If an initial investment of 35000 grows to 257000 in 15


Question: Investment rates

(a) If an initial investment of $35,000 grows to $257,000 in 15 years, what annual interest rate, continuously compounded, was earned?

(b) What is the annual percentage yield on this investment?

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Engineering Mathematics: If an initial investment of 35000 grows to 257000 in 15
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