Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Discover in-depth answers to your questions from a wide network of experts on our user-friendly Q&A platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

When Tracey and Chris's daughter Emily was born, they set up a trust fund to mature on her 18th birthday. They invested $25,000.
When Emily turned 18, the trust fund was worth $100,000. At what continuous rate of interest r was the money invested? (Use
A= Pet) Enter your answer as a percentage rounded to one decimal point.


Sagot :