1. The accumulated value in jeff's account at time t is 100+t and the accumukated value in kely's account at time t is 100+t^2. The time T>0 occurs when the force of interest is equal for both both accounts. Compute T.

a)25 b).33 c).50 d).75 e)1.00

2. Find Y starts with 3000 and accumulates with an interest rate of 6% per annum compunded semiannually for the first three years and an effective interest rate of i per annum thereafter. Fund X equals Fund Y at the end of four years. Calculate i.

a) .0084 b) .0416 c) .1166 d) .1916 e).2416

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