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At 5 percent continuous interest, Rs 1000 deposited grows to what after 10 years?
ARs 1000 e^5
BRs 1000 e^0.05
CRs 1000 e^10
DRs 1000 e^0.5
Answer & Solution
Correct answer: D. Rs 1000 e^0.5
P = 1000 e^(rt/100) with r = 5 and t = 10 gives exponent 0.5, so P = 1000 e^0.5.
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