Davis decides to think about retirement and invests at the age of 30. He invests $5,000 and hopes the investment will be worth $250,000 by the time he turns 70. If the interest compounds continuously, approximately what rate of growth will he need to achieve his goal? Round to the nearest tenth of a percent.

Which of the following are independent events? a) knowing that it is going to rain tomorrow, and bringing an umbrella to schoolb) knowing that you have to get up early tomorrow, and going to bed before 9 p.mc) knowing that it is going to rain tomorrow, and going to bed before 9 p.md) knowing that you have a test in school tomorrow, and studying thw night before