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Problem 1.11 Suppose an initial investment of $100 grows according to the accumulated amount function A(t) 100(1 +0.05t) 20) (a) Find the effective rate of

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Problem 1.11 Suppose an initial investment of $100 grows according to the accumulated amount function A(t) 100(1 +0.05t) 20) (a) Find the effective rate of interest earned during the 5th year is. (b) Find the force of interest (t) (c) Find the "average rate" equivalent annual effective rate) of interest earned during the first five years

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