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Problem #9: A deposit of $12,000 earns a continuous force of interest given by 0.03t for the first 5 years (t is time in years),

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Problem #9: A deposit of $12,000 earns a continuous force of interest given by 0.03t for the first 5 years (t is time in years), and a constant force of 0.15 thereafter. What nominal quarterly compounding rate is earned over the first 7 years? Problem #9: Answer as a percentage, correct to 2 decimals. Just Save Submit Problem #9 for Grading

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