Consider the following force of interest as a function of time t, (t) = a + bt,0

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Consider the following force of interest as a function of time t,

(t) = a + bt,0 < t 20

An investment of $1000 at time t = 10 accumulates to $1303.43 at time t = 15

and $1877.61 at time t = 20.

(a) Calculate the values of a and b

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 19, 2024 04:19 AM

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Consider the following force of interest as a function of time t, (t) = a + bt,0

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Income Tax Fundamentals 2013

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