Solve the problem.
-Kimberly invested $3000 in her savings account for 7 years. When she withdrew it, she had $3779.58. Interest was compounded continuously. What was the interest rate on the account? Round to the nearest tenth of a percent.
A)3.3%
B)3.2%
C)3.45%
D)3.4%

Question

Quizplus · Accepted Answer

The Answer of Solve the problem.
-Kimberly invested $3000 in her savings account for 7 years. When she withdrew it, she had $3779.58. Interest was compounded continuously. What was the interest rate on the account? Round to the nearest tenth of a percent.
A)3.3%
B)3.2%
C)3.45%
D)3.4%

Solve the Problem. -Kimberly Invested $3000 in Her Savings Account for 7 Years