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    Mathematics
  3. Study Set
    Precalculus
  4. Exam
    Exam 4: Exponential Functions, Logarithms, and E
  5. Question
    Suppose That a Bank Account That Compounds Interest Continuously Grows
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Suppose That a Bank Account That Compounds Interest Continuously Grows

Question 30

Question 30

Short Answer

Suppose that a bank account that compounds interest continuously grows from $200 to $310 in three years. What annual interest rate is the bank paying? Round your answer to one decimal place.

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