ExamBro
ExamBro
MHT CET · Maths · Differential Equations

The money invested in a company is compounded continuously. If ₹ \(400\) invested today becomes ₹800 in 6 years, then at the end of 30 years, it will become (in ₹)

  1. A 18101.76
  2. B 12800
  3. C 9050.88
  4. D 12804
Verified Solution

Answer & Solution

Correct Answer

(B) 12800

Step-by-step Solution

Detailed explanation

\(A = P e^{rt}\) \(800 = 400 e^{6r}\)