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3) -A deposit of $10,000 is made into a fund today. -An additional deposit of $15,000 is made into the fund in 3 years. -From
3) -A deposit of $10,000 is made into a fund today. -An additional deposit of $15,000 is made into the fund in 3 years. -From t = 0 (today) to t = 3 (3 years from today), assume a nominal rate of interest of 9% convertible monthly. - From t = 3 (3 years from today) to t = 5 (5 years from today), assume a nominal rate of interest of 10% convertible semiannually. - What is the value of the fund at t = 5 (5 years from today)? 4) -You invest $350,000 today, but no further investments are made. -From t = 0 to t = 5 years, the investment accumulates according to a constant force of interest of 8 = .09. -From t = 5 years to t = 10 years, the investment accumulates according to the force of interest function: 8: = .075 +.002t - What is the value of the investment 10 years from today
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