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
3 9/10 into decimal
Poisson Probability Distribution - It is a set of probabilities which is acquired for discrete events which are described as being rare. Occasions similar to binominal distri
Properties of Integration
To find out the volume of a cube which measures 3 cm by 3 cm by 3 cm, what formula would you use? The volume of a cube is the length of the side cubed and the length of the sid
Christie purchased a scarf marked $15.50 and gloves marked $5.50. Both items were on sale for 20% off the marked price. Christie paid 5% sales tax on her purchase. How much did she
what are reason inside a circle?
how to find inverse of matrix
Measures of Dispersion - The measures of dispersion are extremely useful in statistical work since they indicate whether the rest of the data are scattered away from the mean
Demonstrate that Dijkstra's algorithm does not necessarily work if some of the costs are negative by finding a digraph with negative costs (but no negative cost dicircuits) for whi
I have a graph, i need to determine the many hours per day becky spends on math activity if she does it 25% of her day.
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