#1637 · Algebra · Exponentials & logarithms

Continuously Compounded Amount

Find what sum will amount to £500 in 50 years at 2 per cent., interest being payable every moment; given $e^{- 1} = .3678$ .

~10 minAnswer checked instantlycontinuous compoundingexponential growth

H. S. Hall & S. R. Knight, Higher Algebra (1891) · Ch. XVIII. Interest and Annuities, Examples XVIII.b, No. 9

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Checked against the answer in H. S. Hall & S. R. Knight, Higher Algebra (1891).