Question: 3. Given an amount function A(t)23t +4, t0, t in years, find the following: (a) The effective rate of interest in year 2. (b) The

3. Given an amount function A(t)23t +4, t0, t in years, find the following: (a) The effective rate of interest in year 2. (b) The effective rate of discount in the 4th year (c) The corresponding accumulation function (d) I the amount of interest in the nth year

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