1000 is invested at time t = 0. At any given time, the investor can transfer the...
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Question:
1000 is invested at time t = 0. At any given time, the investor can transfer the funds from either of accounts X and Y .
Additionally,
Account X grows by a constant force of interest of 10%.
Account Y grows by the force of interest
(t) = t/(1 + t2)
Find the maximum amount of the investor's account balance at time t = 12.
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