Mathematics, 28.07.2020 22:01 sairaanwar67

Suppose that $12,000 is invested in a bond fund and the account grows to $13,832.03 in 5 yr. Part: 0 / 2
Part 1 of 2
(a) Use the model A = Pe to determine the average rate of return under continuous compounding. Round to the nearest tenth of a percent.
Avoid rounding in intermediate steps.
.
The average rate of return under continuous compounding is approximately%

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