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Problem #9: A deposit of $12,000 earns a continuous force of interest given by 0.04t for the first 4 years (t is time in years),
Problem #9: A deposit of $12,000 earns a continuous force of interest given by 0.04t for the first 4 years (t is time in years), and a constant force of 0.16 thereafter. What nominal quarterly compounding rate is earned over the first 8 years? Problem #9: Answer as a percentage, correct to 2 decimals. Just Save Submit Problem #9 for Grading Problem #9 Attempt #1 Attempt #2 Attempt #3 Attempt #4 Attempt #5 Your Answer: Your Mark
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