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
-cot^2 90^0 + 4 sin 270^0 - 3 tan 180^0
With a compass draw the arc associated with a 720° angle, it looks like a circle. With a protractor, label the angle in multiples of 45° and 30° up to 720°. Notice 30° and 390° ar
The length of the diameter of the circle which touches the X axis at the point (1,0) and passes through the point (2,3) is ? Solution) If a circle touches the x-axis, its equatio
A. Design an investigation that details the following six components:
Marginal Probability Probability of event A happening, denoted by P(A), is called single probability, marginal or unconditional probability. Marginal or Uncondi
what is the diameter of a circle
Submit your working in (neat) handwritten form (do not type up your solutions). For the plots that you generate in Maple or Matlab, you can print them out and attach them at the en
what is an isosceles triangle? ..
What is 2 1/9 - 4 1/2
A poll tilts towards the sun at an 8 o angle from the vertical at it casta 22-ft shadow. The angle of elevation from the shadow to the top of the pole is 43 o . How tall is th
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