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
Solve following 4e 1+3 x - 9e 5-2 x = 0 . Solution Here the first step is to get one exponential on every side & then we'll divide both sides by one of them (that doesn'
If the normal to y=f(x) makes an angle of pie/4 with y-axis at (1,1) , then f''(x) is eqivalent to? Ans) The normal makes an angle 135 degree with the x axis. also f ''(1)
p=0
how to solve fraction word problems
Q1- different types of rectilinear figures? Q2- interior and exterior angles of the polygon? Q3-relation between interior and exterior angles of polygons? Q4- properties of any fiv
a triangle with side lengths in the ratio 3:4:5 is inscribed in a circle
Explain Concordant Form
What is the annual interest rate on an account in which earns $948 in simple interest over 36 months along with an initial deposit of $7,900? Using the easy interest formula In
On dividing p(X)=5x^(4)-4x^(3)+3x^(2)-2x+1 by g(x)=x^(2)+2 if q(x)=ax^(2)+bx+c, find a,b and c.
Max goes to the gym every fourth day. Ellen's exercise routine is to go every third day. Today is Monday and both Max and Ellen are at the gym. What will the day of the week be the
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