A condominium complex was purchased by a group of private investors for $1.5 million and sold 7 year(s) later for $3.7 million. Find the annual rate of return (compounded continuously) on their investment. Round your answer to the nearest hundredth.
Annual rate is __________% per year.

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The Answer of A condominium complex was purchased by a group of private investors for $1.5 million and sold 7 year(s) later for $3.7 million. Find the annual rate of return (compounded continuously) on their investment. Round your answer to the nearest hundredth.
Annual rate is __________% per year.

A Condominium Complex Was Purchased by a Group of Private