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1 . You are given that a ( t ) is of the form bt 2 + c . If $ 1 0 0 invested

1. You are given that a(t) is of the form bt2+ c. If $100 invested at time 0 accumulates to $172
at time 3. Note this is a special way of accumulating interest that we did not discuss in class.
(a) Interpret a(t). Determine the value of b and c, respectively.
(b) Find the present value of $500 paid at time 5.

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