KOBLEM SET 3 10. A deposit of 100. is made into a fund at time t = 0. The fund pays interest at a nominal annual rate of discount d compounded quarterly for the first two years . Beginning at time t= 2, interest is credited at a force of interest 6+ = t11. At time t = 5, the accumulated value of the fund is 260. Calculate d. A) 12.7% B) 12.9% Give detailed explanation C) 13.11% D) 13.3% E) 13.5% in solution