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At time t=0,3 is deposited into an investment fund earning interest at a force of interest t=t+11. At the same time, X is deposited into
At time t=0,3 is deposited into an investment fund earning interest at a force of interest t=t+11. At the same time, X is deposited into a bank account paying interest at an annual effective interest rate of 5%. In the third year, the interest earned on the first account and the interest credited on the second account are exactly the same. Calculate X. 55 8.2 13.0 257 54.4
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