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Q 5-8 You are given the following interest information: Simple interest at 5% from t=0 to t= 2. Compound discounting at d=3.5% from t =
Q 5-8 You are given the following interest information: Simple interest at 5% from t=0 to t= 2. Compound discounting at d=3.5% from t = 2 to t = 5. Compound interest at i = 4.7% from t=5 to t=9. Constant force of interest at d = 6.4% from t= 9 to t= 10. The account value at time 10 is AV10 = 2,000. Determine the present value of the investment. Q 5-8 You are given the following interest information: Simple interest at 5% from t=0 to t= 2. Compound discounting at d=3.5% from t = 2 to t = 5. Compound interest at i = 4.7% from t=5 to t=9. Constant force of interest at d = 6.4% from t= 9 to t= 10. The account value at time 10 is AV10 = 2,000. Determine the present value of the investment
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