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The force of interest at time is ( 0.05 mathrm{t} .3 ) payments equal to 1 are made at the end of years 1,2 ,
The force of interest at time is \\( 0.05 \\mathrm{t} .3 \\) payments equal to 1 are made at the end of years 1,2 , and 3 . Find the future value at the end of year 4 . a) 3.4 b) 3.6 c) 3.8 d) 4.0 e) 4.2
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