Question
Given that the force of interest is delta = .05+.006t, find the accumulated value after three years of an investment of $300 made at: time
Given that the force of interest is delta = .05+.006t, find the accumulated value after three years of an investment of $300 made at:
time 0
time 4
I know the answers are supposed to be 358.09 384.82, but I've tried several different methods and haven't gotten the answer correct yet.
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Financial Accounting For MBAs
Authors: Peter D. Easton, John J. Wild, Robert F. Halsey, Mary Lea McAnally
4th Edition
9781934319345
