If $ P is invested for T year at an interest rate of r with continuous compounding takes on the value A
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JNU SSS 2021 Question 58: Quantitative aptitude and data reasoning
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If $ P is invested for T year at an interest rate of r with continuous compounding takes on the value A (A) A = Pe^(Tr) (B) A = Pe^r (C) A = Pe^(T/r) (D) A = Pe^(r/T)
Quantitative aptitude and data reasoning has come up 92 times in 6 exams since 2008.
What this question tests
This question is on Interest, growth rates and compounding, part of Quantitative aptitude and data reasoning in Mathematics.
Simple and compound interest and the growth-rate measures used for economies.
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Question from the JNU SSS 2021 paper. Solutions are TestStop's own. Not affiliated with or endorsed by any examination authority.