Question: A payment stream, where the payment at time t is 1 0.3t, is received continuously between times 7 and 9 Calculate the present value of

 A payment stream, where the payment at time t is 1

A payment stream, where the payment at time t is 1 0.3t, is received continuously between times 7 and 9 Calculate the present value of this payment stream at time 5 if the force of interest at time t is given by 0.00 2 +0.01t+0.0004t 0sts6 8(t)0.01 +0.003t 6St

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