问题 单项选择题

An investor invested $ 10000 into an account five years ago. Today, the account value is $18682. What is the investor's annual rate of return on a continuously compounded basis()

A. 13.31%.

B. 11.33%.

C. 12.50%.

答案

参考答案:C

解析:

In (18682/10000)=0.6250/5=12.50%

Or:

(18682/10000)1/5=1.133143

In(1.133143)=12.4995%

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