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A fund accumulates at a force of interest 8(t) = 0.08t. (A) Find the annual effective rate of interest from 0 to 4 years. Round
A fund accumulates at a force of interest 8(t) = 0.08t. (A) Find the annual effective rate of interest from 0 to 4 years. Round your answer to 3 decimal places. % (B) $1500 is paid at time 11 years. Find the present value of this payment at time 5. (C) $200 is invested at time 5 years. Find the accumulated value at time 8 years
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