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
nc6:n-3c3=91:4
help me with how to write sample of proportion using visual basic
Assume that the amount of money in a bank account after t years is specified by, Find out the minimum & maximum amount of money in the account throughout the first 10 years
1. a) Given a digraph G = (V,E), prove that if we add a constant k to the length of every arc coming out from the root node r, the shortest path tree remains the same. Do this by
Assume that Y 1 (t) and Y 2 (t) are two solutions to (1) and y 1 (t) and y 2 (t) are a fundamental set of solutions to the associated homogeneous differential equation (2) so, Y
#stioquen..Store A is advertising a sale that will reduce prices on all merchandise by 15%. Store B is advertising a sale that will reduce prices on all merchandise by one over fiv
i want to find the solution for exercises
Fourier series - Partial Differential Equations One more application of series arises in the study of Partial Differential Equations. One of the more generally employed method
compare: 643,251: 633,512: 633,893. The answer is 633,512.
y=X^2/3(2X-X^2)
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