Mai invests $20,000 at age 20. She hopes the investment will be worth $500,000 when she turns 40. If the interest compounds continuously, approximately what rate of growth will she need to achieve her goal? Round to the nearest tenth of a percent.

Respuesta :

Answer:16.1%

Step-by-step explanation:

Answer:

The investment needs the rate of growth to be approximately 16.1%.

Step-by-step explanation: