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QUESTION 1 Two funds. X and Y, start with the same amount. You are given: 1. Fund X accumulates at a force of interest of

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QUESTION 1 Two funds. X and Y, start with the same amount. You are given: 1. Fund X accumulates at a force of interest of 3%. i Fund Y accumulates at a nominal rate of interest j. compounded quarterly. lil. At the end of ten years. Fund Vis 2.4165 times as large as Fund X Calculate A) 1296 B) 1096 C) 896 D) 696 E) 496

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