Question: Answer with explanation please A payment stream, where the payment at time t is 1 + 0.3t, is received continuously between times 7 and 9.

Answer with explanation please

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 force off interest at time t is given by: 0.002 + 0.011: + 0.00041:2 0 s t

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