Question:

An investor bought stock for 40 000 Ten years later the

Last updated: 4/29/2023

An investor bought stock for 40 000 Ten years later the

An investor bought stock for 40 000 Ten years later the stock was sold for 60 000 If interest is compounded continuously what annual nominal rate of interest did the original 40 000 investment earn The annual nominal rate of interest earned is Round to two decimal places as needed