Question: During the first 3 years, interest is credited using a compound interest rate of 4 % per year. After 3 years, interest is credited at

During the first 3 years, interest is credited using a compound interest rate of 4% per year. After 3 years,
interest is credited at a force of interest:
t=0.11+0.1t,t3
The following are numerically equal
the current value at time t=3 of payment of 1000 at time t=2 and 500 at time t=6; and
the present value at time t=0 of a payment of x at time t=10.
Calculate x
 During the first 3 years, interest is credited using a compound

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