Question: HW3: Problem 15 Previous Problem Problem List Next Problem (1 point) (Exercise 2.12) Fund A accumulates at a rate of 10% convertible monthly. Fund B

 HW3: Problem 15 Previous Problem Problem List Next Problem (1 point)

HW3: Problem 15 Previous Problem Problem List Next Problem (1 point) (Exercise 2.12) Fund A accumulates at a rate of 10% convertible monthly. Fund B accumulates with a force of interest 8, = 0.19t. At time t = 0 equal deposits are made in each fund. Find the next time that the two funds are equal. ANSWER = 1.25688 years. Preview My Answers Submit Answers

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