Question: (2 points) (Exercise 2.12) Fund A accumulates at a rate of 11% convertible monthly. Fund B accumulates with a force of interest 8; = 0.12t.

(2 points) (Exercise 2.12) Fund A accumulates at a rate of

(2 points) (Exercise 2.12) Fund A accumulates at a rate of 11% convertible monthly. Fund B accumulates with a force of interest 8; = 0.12t. At time t = O equal deposits are made in each fund. Find the next time that the two funds are equal. ANSWER = years

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