The APY for 6.5% compounded continuously is %. Give answer as a percent rounded to one decimal place. Do not write the % sign.

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter5: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 37CT: On the day a grandchild is born, a grandparent deposits $2500 in a fund earning 7.5% interest,...
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The APY for 6.5% compounded continuously is
%. Give answer as a percent rounded to one decimal place. Do not
write the % sign.
Transcribed Image Text:The APY for 6.5% compounded continuously is %. Give answer as a percent rounded to one decimal place. Do not write the % sign.
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