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Find the time t such that 1 paid at that time has a present value equal to the present value of 1 paid continuously from
Find the time t such that 1 paid at that time has a present value equal to the present value of 1 paid continuously from time 0 to 1 using: (a) compound discount with a discount rate .04, (b) simple interest with an interest rate .04, 1 (c) a force of interest function 8(t) 1+t = Find the time t such that 1 paid at that time has a present value equal to the present value of 1 paid continuously from time 0 to 1 using: (a) compound discount with a discount rate .04, (b) simple interest with an interest rate .04, 1 (c) a force of interest function 8(t) 1+t =
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