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
When the son will be as old as the father today their ages will add up to 126 years. When the father was old as the son is today, their ages add upto 38 years. Find their present
what is meant by "measure of location"
Definition: An equation is considered as function if for any x in the domain of the equation (the domain is the entire x's which can be plugged into the equation) the equation wil
Calucations of gradients find f Graph some level curve f=const. f=9x^2 = 4y^2
An investment manager at TD Ameritrade is making a decision about a $10,000,000 investment. There are four portfolio options available and she is looking at annual return of these
Your grandparents gave you a gift of R2 000 on your 16th birth day. You want to invest the money in an account over four years. You have an option of investing the R2 000 at 8% per
Negative function : Several functions are not positive however. Consider the case of f (x ) =x 2 - 4 on [0,2]. If we utilizes n = 8 and the midpoints for the rectangle height w
Simplify following and write the answers with only positive exponents. (a) ( x 8.2 y -0.26 z 2 ) 0.5 (b) (x 3 y -4.1 / x -2.7 ) -3 Solution (a) (x 8.2
20% of $19.95
Area between Curves In this section we will be finding the area between two curves. There are in fact two cases that we are going to be looking at. In the first case we des
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