Determine the accumulated amount at t = 12 of an investment of $500 made at t =
Question:
Determine the accumulated amount at t = 12 of an investment of $500 made at t = 0 under the action of the following force of interest.
where t is measured in years.
Transcribed Image Text:
8(t) = 4% 5% 0.6% per annum for t = [0,5) per annum for t = [5,9) per annum for t € [9,20]
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (3 reviews)
The accumulated value is given by 500A0 12 for an appropriate accumulati...View the full answer
Answered By
Tobias sifuna
I am an individual who possesses a unique set of skills and qualities that make me well-suited for content and academic writing. I have a strong writing ability, allowing me to communicate ideas and arguments in a clear, concise, and effective manner. My writing is backed by extensive research skills, enabling me to gather information from credible sources to support my arguments. I also have critical thinking skills, which allow me to analyze information, draw informed conclusions, and present my arguments in a logical and convincing manner. Additionally, I have an eye for detail and the ability to carefully proofread my work, ensuring that it is free of errors and that all sources are properly cited. Time management skills are another key strength that allow me to meet deadlines and prioritize tasks effectively. Communication skills, including the ability to collaborate with others, including editors, peer reviewers, and subject matter experts, are also important qualities that I have. I am also adaptable, capable of writing on a variety of topics and adjusting my writing style and tone to meet the needs of different audiences and projects. Lastly, I am driven by a passion for writing, which continually drives me to improve my skills and produce high-quality work.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Introduction To Actuarial And Financial Mathematical Methods
ISBN: 9780128001561
1st Edition
Authors: Stephen Garrett
Question Posted:
Students also viewed these Sciences questions
-
Determine the present value of $100 due at time t [0, 20] under the force of interest stated in Question 7.8. Question 7.8 Determine the accumulated amount at t = 12 of an investment of $500 made at...
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
Explain about amendment of tax return assessments in your own understanding. (Australia Tax Law)
-
(a) ABC is a company that manufactures computer desk. The total costs (in RM'000) when x units of computer desk are produced is given by C(x) = 12x 3 - 198x 2 + 1080x Find the level of x that the...
-
Using the data from the previous exercise, complete the following requirements. Required: 1. Determine the financial statement effects for each of the following: (a) The adjusting entry for accrued...
-
At December 31, 2011, Tobie Company reports the following results for the year. Cash sales . . . . . . . . . . $1,600,000 Credit sales . . . . . . . . . 2,926,000 In addition, its unadjusted trial...
-
The Korvette concept was started and run by one person and his group of friends. How could its failure have been avoided? Was the problem one of strategy (overexpansion), or was it organizational?...
-
The capital investment committee of Touch of Eden Landscaping Company is considering two capital investments. The estimated income from operations and net cash flows from each investment are as...
-
As a X Engineer in a design consultancy company, you have purchased a high specification computing system. The computing system has a cost basis of USD 4 0 0 0 and a ten - year depreciable life. The...
-
Compute the following accumulations under the given (t) defined on t [0,] and measured in years. a. The accumulated value at time t = 1 of a unit investment made at t = 0 under (t) = per annum. b....
-
The equation x = 2 3 implicitly defines a curve on the x-y plane. Calculate the area enclosed between this curve and = x 1.
-
A car-rental company has determined that the probability a car will need service work in any given month is 0.2. The company has 900 cars. a. What is the probability that more than 200 cars will...
-
What was one point from the Dr. Brene Brown's Ted Talk "The Power of Vulnerability" that really stood out ? How will that influence and/or change how people communicate and lead with emotional...
-
How will you involve the family? What will you need to co-ordinate, or do you require, from other educators to support the implementation of your IEP for a child with autism. Review your policies and...
-
About ford company, that why this company's profit goes down in india so what will be the solutions to regain the profit in india what can be done to regain the profit of ford company in india in two...
-
1. What resonated with me most from the film "Not Just a Game" was the inspiring story of Pat Tillman who was making millions of dollars playing in the National football league and then decided to...
-
how can I apply this to my job at McDonald's since I'm a shift manager? Considering the forces in the global environment, what might some of the implications of demographic forces be for the industry...
-
Jackrabbit Trails is a family camp located in Kings Canyon National Park, California. Open from mid-May to Labor Day, Jackrabbit Trails offers week-long family summer vacation packages that include...
-
Which of the following gives the range of y = 4 - 2 -x ? (A) (- , ) (B) (- , 4) (C) [- 4, ) (D) (- , 4] (E) All reals
-
We have seen that NaH is a strong base but a weak nucleophile. In contrast, lithium aluminum hydride (LAH) is a reagent that can serve as a source of nucleophilic hydride ion: In this case, LAH...
-
a) NaOH is a strong nucleophile and strong base. The substrate in this case is primary. Therefore, we expect S N 2 (giving the major product) and E2 (giving the minor product). b) NaSH is a strong...
-
Calculate w, q, H, and U for the process in which 1.75 mol of water undergoes the transition H 2 O(l, 373 K) H 2 O(g, 610.K) at 1 bar of pressure. The volume of liquid water at 373 K is 1.89 10 5 m...
-
Launching a Health and Fitness App **Background:** "FitWell," a new health and fitness app, is set to enter the competitive market. The app offers personalized workout plans, nutritional guidance,...
-
Use the data in the following table (see Table 7.2) to answer the questions that follow. All numbers are in thousands. Table 7.2 Alternative A Alternative B Alternative C Cash Outflow Year 0 ($500)...
-
The restaurant chain, War in the Buffet, is considering two mutually exclusive projects in two different cities near the chain's founder. He has analyzed the projects and estimated the following cash...
Study smarter with the SolutionInn App