Investment rates (a) If an initial investment of $35,000 grows to $257,000 in 15 years, what annual interest compounded, was earned? (b) what rate, continuously is the annual percentage yield on this investment?
Investment rates(a) If an initial investment of $35,000 grows to $257,000 in 15 years, what annual interest compounded, was earned? (b) what rate, continuously is the annual percentage yield on this investment?