Natasha invests $3,000 at age 18 from the signing bonus of her new job. She hopes the investment will be worth $300,000 when she turns 40. If the interest compounds continuously, approximately what rate of growth will she need to achieve her goal? Round to the nearest tenth of a percent.

Respuesta :

Answer: r ~ 0. 20933

r = 20.9 %

Step-by-step explanation:

Answer:

The investment needs the rate of growth to be approximately 20.9%.

Step-by-step explanation: