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The force of interest is given by: 0.06 ; 0t < 5 0.08+0.07t ; 5t < 10 Calculate the accumulated value at time 10 years
The force of interest is given by:
0.06 ; 0t < 5
0.08+0.07t ; 5t < 10
Calculate the accumulated value at time 10 years of a continuous payment stream of $500 per year from time 0 to time 5 years .
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