how to compute Compounded growth rate

Use the formula:  A  =  Pe^rt

where     A = final amount = 20 912     P = initial amount = 2 969

               r = rate (as a decimal)           t  =  time  = 25

Substituting:     20 912  =  2 969e^25r

Dividing both sides by 2 969:     7.043434  =  e^25r

Take the ln of both sides:         ln(7.0434)  =  ln(e^25r)

                                                  ln(7.0434)  =25r

Divide by 25:     r  =  ln(7.0434) / 25     --->     r  =  0.078     --->     r  =  7.8%  (approx)

Geno3141:

 Interest rates on investments are NOT quoted as "compounded continuosly", UNLESS sprcifically stated so. How is your computed rate of: e^7.8% different from the annual compound rate that I computed as 8.121%?