Question:

Suppose that $2900 is Initially Invested in an account at a

Last updated: 7/20/2022

Suppose that $2900 is Initially Invested in an account at a

Suppose that $2900 is Initially Invested in an account at a fixed Interest rate, compounded continuously. Suppose also that, after two and a half years, the amount of money in the account is $3098. Find the Interest rate per year. Write your answer as a percentage. Do not round any intermediate computations, and round your percentage to the nearest hundredth.