A calculus problem by ಪುನೀತ್ ಕೆ.ಎಸ್.
MAKING MONEY................................................................................................................... a merchant gives 100% compound interest on investments per annum, if one wishes to get yield per annum obviously his investment will be doubled and if he wishes to get yield per 6 months his money will be increased by a more factor than former in a year by compound interest on increased investment by 6 months. by planning if one decreases the period of interst then money grows boyond imagination. If one invests $1 what's the maximum amount he will get ina year with shortest imaginable period?
The answer is 2.718.
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