Continuous interest rate (Jee Mains) | ExamDuo
Ask Doubts
Log in
First Order Differential Equations
Medium
Continuous interest rate
In a bank, the principal increases continuously at a rate of x% per year. Then the rate x, if Rs 100 doubles itself in 10 years, [log 2 = 0.6931] is
SELECT ONE OPTION
A
6.93 %
B
9.63 %
C
6.09 %
D
3.69 %
Check
Ask about this question