Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
If r per annum is the rate at which the principal A is compounded annually, then at the end of k years, the money due is
Q = A (1 + r)k
Suppose compounding is done continuously. i.e. at every instant the principal A is compounded at R per annum. Then,
Q = A eRk
The relationship between R and r is given by the following reasoning:
A (1 + r)k = A eRk
Example
If R = 5.25%, then ln(1 + r) = 5.25% or r = 5.39%
Suppose Rs.100 is being compounded annually at the rate of 10% per annum. What is the future value of Rs.100 at the end of the third year? What is the effective continuously compounded rate of interest? What is the future value of Rs.100 at the end of the third year, using this interest rate?
FV(Rs.100) = 100 x (1.10)3 = 133.1
If r = 0.1, then the continuously compounded rate of interest R is given by
R = ln(1 + 0.1) = 0.0953
FV(Rs.100) = 100 e0.0953 x 3 = 100 x 1.331 = 133.1
how many zeros comes in crore, lac,billion etc.
a triangle with side lengths in the ratio 3:4:5 is inscribed in a circle of radius 3.what is the area of the triangle.
a piece of ribbon measures 2,25 meters . it is cut in half . how long is one half of the ribbon
If OA = OB = 14cm, ∠AOB=90 o , find the area of shaded region. (Ans:21cm 2 ) Ans: Area of the shaded region = Area of ? AOB - Area of Semi Circle = 1/2 x 14 x
you are driving on a freeway to a tour that is 500 kilometers from your home. after 30 minutes , you pass a freeway exit that you know is 50 kilometer from your home. assuming that
seven more than a number is less than or equal to -18
Write down two more reasons why children consider 'division' difficult. Regarding the first reason given above, one of fie few division related experiences that the child perhaps d
There are 6 contestants for the post of chairman secretary and treasurer. These positions can be filled by any of the 6. Find the possible no. of ways whether the 3 positions may b
The mean height of eight children is 136cm. if the height of seven children are 143,125,133,140,120,135 and 152,find the height of eighth student.
) Show that the following argument is valid: (~p ? q) => r s ? ~q ~t p => t (~p ? r) => ~s ------------------------ ? ~q 2) Show that the following argum
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd