Question:

1000 dollars grows to 1 million dollars after 60 years in a

Last updated: 7/17/2022

1000 dollars grows to 1 million dollars after 60 years in a

1000 dollars grows to 1 million dollars after 60 years in a bank. If interest is compounded continuously, what is the rate of interest per year? a 1.83% b. 11.51% c. 28.13% d. 3.84% e 0.12%