Home
Class 12
MATHS
If an initial amount A(0) of money is in...

If an initial amount `A_(0)` of money is invested at an interest rate r compounded n times a year, the value of the investment after t years is `A=A_(0)(1+1/n)^(nt)`. If the interest is compounded continuously, (that is as `ntooo`), show that the amount after t years is `A=A_(0)e^(rt)`.

Promotional Banner

Similar Questions

Explore conceptually related problems

A sum of money invested at a compound interest amounts to 800 in 2 year and 840 in 3 year. The rate of interest is

An amount of money invested trebled in 6 years . Find the rate of interest earned .

The simple interest at 5 % got for a certain amount after 2 years is 200 rupees. If interest is compounded annually, what would be the interest for same amount at the same rate after 2 years?

₹6000 becomes ₹7200 in 3 years at a certain rate of compound interest. What will be the amount received after 9 years?

A sum of money invested at compound interest amounts in 3 years to ₹ 2400 and in 4 years to ₹ 2520. The interest rate per annum is

A sum of money invested at compound interest amounts to Rs800 in 3 years and to Rs840 in 4 years.The rate of interest per annum is

If the principal be Rs. p and the annual rate of compound interest be r% then write the amount after n years when interest is compounded at the interval of 3 months.