Question: Consider that the force of interest 8(t) is a function of time, measured in years, and is given by the following expression: 0.07 0.0011t

Consider that the force of interest 8(t) is a function of time, measured in years, and is given by the

Consider that the force of interest 8(t) is a function of time, measured in years, and is given by the following expression: 0.07 0.0011t for 0 16 Hence, find the equivalent constant force of interest per quarter year for the period of t=6 to t=23 years.

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