MHT CET202210 Aug 2022Evening ShiftMathematicsLimitsActual
Mrs. Rajni deposited Rs. 10,0000 in a bank that pays 4 % interest compounded continuously then the amount she gets after 10 years is Rs. approximately. (given e^ (0.4) =1.49182 )
Options
- A15150
- B16000
- C14918
- D13000
Correct answer
C. 14918
Step-by-step solution
aligned & A=P (1+ R 100 ) & A=10000 (1+ 4 100 )¹⁰=10000 e^ 4 100 10 & A=10000 e^ 0.4 =14918 [ _ x 0 (1+x)^ 1 x =e ] aligned