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
A piece of pipe is carried down a hallway i.e 10 feet wide. At the ending of the hallway the there is a right-angled turn & the hallway narrows down to 8 feet wide. What is the lo
what is history of Unitary method
1
00000000110 write in scientific notation
Melisa and Jennifer threw a fiftieth birthday party for their father at a local restaurant. While the bill came, Melisa added a 15% tip of $42. Jennifer said in which the service w
if 1/x+2, 1/x+3, 1/x+5 are in AP find x Ans 1/x+2,1/x+3, 1/x+5 are in AP find x. 1/x+3 - 1/x+2 = 1/x+5-1/x+3 => 1/x 2 +5x+6 = 2/ x 2 +8x +15 => On solving we get x
in one point of the circle only one tangent can be drawn. prove
How many permutations of the letters A B C D E F G H consist of string DEF? Ans: It is the dilemma of finding number of words that can be formed along with the given 8 lette
the graph of relation y=f(x) respect to x=2 straight line is symmetrical then which is correct; (option) a) f(x+2)=f(x_2),b)f(2+x)=f(2_x),c)f(x)=f(_x),d)f(x)=_f(_x)
how do you solve 45 = n/5 = 5
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