![\"\"](\"http://www.mathskey.com/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=94e32dab5911e8c9752772e824cbba33.png\")
.Rate of interest .
Find the effective rate of interest is compounded continuously.
\Effective rate is ![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=ebe10d214ef04b8e93056321b44ad661.png\")
.
Substitute all the values in the equation.
\![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=c64aeacd31d5cd5cfc3af14008ffb385.png\")
![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=3fee6b11b56233140191b0506df89f14.png\")
![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=b7e329c4ee17c6bf461e603e72bb4ca0.png\")
![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=004ec36643e8fcff632ff867af2500b2.png\")
Therefore,the effective rate of interest is ![\"\"](\"/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=f95a1d354e190437db7f4891379848f8.png\")
.
The effective rate of interest is ![\"\"](\"http://www.mathskey.com/test/fckeditor/editor/plugins/fckeditor_wiris/integration/showimage.php?formula=f95a1d354e190437db7f4891379848f8.png\")
.