crowdmark X sy integral of X Desmos Gran X Finance Chic X Assignments X Assignments. X Calculate Durati X G simp 848 Q2 (6 points) a) 13 pts) in real dollars. $500 on August 14, 2011 plus $1000 on August 14, 2016 is equivalent to $1705 on August 14.2021. If the force of interest was 6%, find the annual effective rate of inflation. Answer to 4 decimal places, for example either 1.23% or 0.0123. b) 13 pts James makes semi-annual deposits into an account earning 6% compounded semi-annually. The initial semi-annual deposit amount is $100 and each year the deposit amount increases by 11%. That is the payments are: $100, $100, $101, $101, $102.01.$102.01, etc. Calculate the accumulated value in the account at the time of the 30 th deposit. Answer to the nearest cent. + Drag and drop an ice or PDF le occk to browse. Q3 (7 points) Suppose that the time value of money is defined by the following force of interest function: 0.025