Question

Devoe has $1300 to invest and needs $1700 in 20 years. What annual rate of return
will he need to get in order to accomplish his goal, if interest is compounded
continuously? (Round your answer to two decimals.)
a) 3.28%
b)1.28%
c) 2.28%
d) 1.34%

Answer 1

Answer:

8000 was invested so the answer would be 1.34

Step-by-step explanation:

please correct me if i am wrong, i use chinese math