A famous painting was sold in 1945 for 32.9 million. What rate of interest compounded continuously did this investment earn?
Solution:-
As an investment, the painting earned an interest rate of 20.9%.
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A famous painting was sold in 1945 for 32.9 million. What rate of interest compounded continuously did this investment earn?
Solution:-
As an investment, the painting earned an interest rate of 20.9%.