0
Add your answer:
Earn +20 ptsQ: Where is continuously compounded interest used?
Write your answer...
Submit
Still have questions?
Related questions
Continuously compounded interest?
is given by the formula A = Pe^rt
What interest rate is required for an investment with continuously compounded interest to double in 8 years?
It is approx 8.66%
What is the annual interest rate on 5000 compounded continuously at 6.3 annual interest rate?
I suspect that it will be 6.3!
How To calculate the interest to be deducted from the loan of 20000 which is to be paid within 2years at the rate of 10?
If the rate is 10% interest on a $20,000 loan for two years, interest will be $4,428.06 if compounded continuously. If compounded annually, it would be $4,200.
How long will it take for 5700 to grow to 34800 at an interest rate of 3.8 percent if the interest is compounded continuously?
48.51 years, approx.
How much would 250 invested at 10 percent interest compounded continuously be after 8 years?
556.34
How much would 400 invested at 9 percent interest compounded continuously be worth after 3 years?
523.97
How much would 500 invested at 8 percent interest compounded continuously be worth after 3 years?
635.61
How much would 500 invested at 4 percent interest compounded continuously be worth after 7 years?
661.56
How much would 100 invested at 8 percent interest compounded continuously be worth after 15 years?
332.01
How much would 250 invested at 10 percent interest compounded continuously be worth after 8 years?
556.34
How much would 220 invested at 10 percent interest compounded continuously be worth after 12 years?
730.43
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.