Question:

Suppose that $100,000 from a retirement account is invested

Last updated: 7/18/2022

Suppose that $100,000 from a retirement account is invested

Suppose that $100,000 from a retirement account is invested in a large cap stock fund. After 25 yr, the value is $183,777.11. (a) Use the model A=Pez^rt to determine the average rate of return under continuous compounding. Round to the nearest tenth of a percent.