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
were can get this please
Suppose that the width of a rectangle is three feet shorter than length and that the perimeter of the rectangle is 86 feet. a) Set up an equation for the perimeter involving on
how do you solve for porportions?
At a point in a loaded member, the stresses relative to an x, y, z coordinate system are given by Calculate the magnitude and direction of the maximum principal stress.
1. The lifetime T (in days) of an electrical component has reliability function given by: R(t) = e -0.01t for time t > 0. An electrical system consists of four such components. Th
Ask question #suppose that components of a contravariant vector A^i (for n=3)in the coordinate system (x^1,x^2,...,x^n) are A=x,A=y,A=z.Find the components A^p of the vector in the
8sinx-cosx=4
theory behind the greatest term in the binomial expansion
advantages and disadvantages of paasche and laspeyres indices
Standardizing a Random Variable If X is a random variable with E(X) = m and V(X) = s 2 , then Y = (X – m)/ s is a random variable with mean 0 and standard deviatio
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