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A customer is offered an investment where interest is calculated according to the following force of interest: 5(0) = { 0.064 + 0.04 posts if
A customer is offered an investment where interest is calculated according to the following force of interest: 5(0) = { 0.064 + 0.04 posts if 3 ct The customer invests 1300 at time t=0. (A) What nominal rate of interest, compounded quarterly, is earned over the first five-year period? Round your answer to 3 decimal places A customer is offered an investment where interest is calculated according to the following force of interest: 5(0) = { 0.064 + 0.04 posts if 3 ct The customer invests 1300 at time t=0. (A) What nominal rate of interest, compounded quarterly, is earned over the first five-year period? Round your answer to 3 decimal places
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