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Fund X accumulates at a force of interest of t=1+2t2, where t is measured in years, 0t20. Fund Y accumulates at an annual effective interest
Fund X accumulates at a force of interest of t=1+2t2, where t is measured in years, 0t20. Fund Y accumulates at an annual effective interest rate of i. An amount of 1 is invested in each fund at time t=0. After 20 years, Fund X has the same value as Fund Y. Calculate the value of Fund Y after five years. 2.46 2.53 2.60 2.67 2.74
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