A condominium complex was purchased by a group of private investors for $1.3 million and sold 6 year(s) later for $3.8 million. Find the annual rate of return (compounded continuously) on their investment. Round your answer to the nearest hundredth.
?
Annual rate is __________% per year.
Fill in the blank(s) with the appropriate word(s).
17.88
Mathematics
You might also like to view...
Write one or more inequalities that describe the set of points.The slab bounded by the planes x = -8 and x = 7 (planes included)
A. -8 ? x ? 7 B. x = -8 and x = 7 C. -? < y < ? and -? < z < ? D. x ? -8 and x ? 7
Mathematics
Evaluate the indicated trigonometric function of the acute angle ?.If ? is an acute angle of a right triangle and if cos ? = 
, then find the value of cot ?.
A. 
B. 
C. 
D. 
Mathematics
Provide an appropriate response.In the initial simplex table below, find the pivot entry.
A. 10 B. -1 C. 6 D. 2 E. 0
Mathematics
Solve the problem.Find the missing length in the following right triangle. If necessary, round to the nearest tenth. 
A. 40 mi B. 20 mi C. 6.3 mi D. 10 mi
Mathematics