An account has a nominal interest rate of 2% convertible monthly for the first three years,...

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An account has a nominal interest rate of 2% convertible monthly for the first three years, the nominal rate of discount was 3% payable semiannually for the next two years, the nominal rate of interest was 4.2% compounded once every two years for the next four years, and the annual effective rate of discount was 0.058 after that. Find a (t). (a) b) Use your answer from part a) to find the accumulated value of $2480 after 12 years. Find v(1). Find the value of the account at time 3 if the value of the account is $5000 at time 10. An account has a nominal interest rate of 2% convertible monthly for the first three years, the nominal rate of discount was 3% payable semiannually for the next two years, the nominal rate of interest was 4.2% compounded once every two years for the next four years, and the annual effective rate of discount was 0.058 after that. Find a (t). (a) b) Use your answer from part a) to find the accumulated value of $2480 after 12 years. Find v(1). Find the value of the account at time 3 if the value of the account is $5000 at time 10.

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