Given $\displaystyle {f{{\left({t}\right)}}}={287}{e}^{{{0.26}{t}}}$ where 't' is in years, what is the continuous annual rate?

Hint: Your answer will be a number between -30 and 30

Continuous Annual Rate as a percentage is = % Preview Question 6 Part 1 of 2  

 

What is the annual % rate?

HINT: First Convert the equation $\displaystyle {f{{\left({t}\right)}}}={287}{e}^{{{0.26}{t}}}$ to the form $\displaystyle {f{{\left({t}\right)}}}={a}{b}^{{t}}$ and use the b - value to determine your answer.

Give answer as a percentage accurate to three decimal places.

HINT: Your answer will be a number between -30 and 35.

Annual Percentage Rate is = % Preview Question 6 Part 2 of 2