Question: please also explain . In the continuous compounding equation, e is the a. natural log to the base 10 b. base number in natural logarithms

please also explain . In the continuous compounding equation, "e" is

please also explain

. In the continuous compounding equation, "e" is the a. natural log to the base 10 b. base number in natural logarithms c. natural log to the base 1 d. None of these are correct 2. With continuous compounding, the_ a. effective rate is higher than the nominal rate b. effective rate is higher than the logarithmic rate c. base "e" is the effective rate d. All of these are correct 3. Determine the value of $10,000 at the end of 3 years invested at 8 percent assuming continuous compounding, a. $12,712 b. $12,400 c. $32,460 d. $12,600

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