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It is given that the effective rate of interest for the n-th year period is in = 0.01 + e^(n) (a) Find a(t) for t
It is given that the effective rate of interest for the n-th year period is in = 0.01 + e^(n)
(a) Find a(t) for t being an integer.
(b) If the principal is $100, find the total amount of interest earned in year 3, 4 and 5.
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