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as2 Solve the following problems involving the force of interest. $3000 is invested at a force of interest of 6%. Find the accumulated value after
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Solve the following problems involving the force of interest. $3000 is invested at a force of interest of 6%. Find the accumulated value after 5 years. $50,000 is due in 3 years and 4 months. Find the present value today at a 4% force of interest. $1000 is invested at time 0 to an account that earns delta_t = 0.05 + .01t. Find the accumulated value after three years. George owes a payment $5000 due in two years. If George can earn at delta_t = 0.05 + 1/5(t + 1) how much should he invest today to be able to make the paymentStep by Step Solution
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