Find the approximate future value of initial investment


With continuous compounding at 8 percent for 20 years, what is the approximate future value of a Rs. 20,000 initial investment?

Select correct option:

i) Rs.52,000
ii) Rs.93,219
iii) Rs.99,061
iv) Rs.915,240

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Finance Basics: Find the approximate future value of initial investment
Reference No:- TGS0677259

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