Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $10,000 when he turns 25. 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.

Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $10,000 when he turns 25.

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DisneyGirl11

17.11.2021

Mathematics

3279.82 cubic inches

53746.66 cm³

53.75 liters

Step-by-step explanation:

I hope this helps u! :D

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Sung Lee invests $5,000 at age 18. He hopes the investment will be worth $10,000 when he turns 25. 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.