ntrtUse the model A = Pe'' or A = Pwhere A is the future value of P dollars invested at interest rate r compounded continuously or n times per yearfor t years.A $10,000 inheritance is invested for 4 years compounded quarterly and grows to $11,273. Find the interest rate. Round to the nearest percent.The interest rate is approximately %.

Name: ntrtUse the model A = Pe'' or A = Pwhere A is the future value of P d
Uploaded: 2024-03-20T06:38:58.000Z
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Description: ntrtUse the model A = Pe'' or A = Pwhere A is the future value of P dollars invested at interest rate r compounded continuously or n times per yearfor t years.A $10,000 inheritance is invested for 4 years compounded quarterly and grows to $11,273. F

Use formula of compound interest

Math

Calculus

nt Use the model A = Pe" or A =P1+- where A is the future value of P dollars invested at interest rater compounded continuously or n times per year pr t years. A$10,000 inheritance is invested for 4 years compounded quarterly and grows to $11,273. Find the interest rate. Round to the nearest percent.