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You are given the amount function, A(t)=10(1.06)^t, where t is the number of years. Let i^(4) be the nominal effective interest rate compounded quarterly, d^(12)
You are given the amount function,
A(t)=10(1.06)^t, where t is the number of years.
Let i^(4) be the nominal effective interest rate compounded quarterly, d^(12) be the nominal discount rate compounded monthly and be the annual constant force of interest.
Calculate 10i(4)+20d(12)+30.
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