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 to find eigen value for the given matrix 122 021 -122
Define the Probability Transition Matrices or Brand switching.
two circle of radius of 2cm &3cm &diameter of 8cm dram common tangent
What do you mean by transient state and steady-state queueing systems If the characteristics of a queuing system are independent of time or equivalently if the behaviour of the
What is a System of Equations? And its Solution? Here is an example of a system of equations (also called a simultaneous system of equations) x 2 + y = 3
200 + 406578
Computer monitors are calculated by their diagonals. If a monitor is advertised to be 19 in, Determine the actual viewing area, considerthe screen is square? (Round to the nearest
#question when equation of tangent T=0 and why
Determine Rank Correlation Coefficient A group of 8 accountancy students are tested in Quantitative Techniques and Law II. Their rankings in the two tests were as:
what is the median of a set of data?
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