6. A deposit of $1000 is made to an account that accrues interest compounded continuously. After 14 years, the account has a balance of $2857.65. If there are no additional deposits or withdrawals, find the interest rate.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
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6. A deposit of $1000 is made to an account that accrues interest compounded continuously. After 14
years, the account has a balance of $2857.65. If there are no additional deposits or withdrawals, find
the interest rate.
Transcribed Image Text:6. A deposit of $1000 is made to an account that accrues interest compounded continuously. After 14 years, the account has a balance of $2857.65. If there are no additional deposits or withdrawals, find the interest rate.
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