Question: Question 1a. 1b. A fund starts with a zero balance at time zero. The fund accumulates with a varying force of interest 87 2t (t

Question 1a.

Question 1a. 1b. A fund starts with a zero balance at time

1b.

zero. The fund accumulates with a varying force of interest 87 2t

A fund starts with a zero balance at time zero. The fund accumulates with a varying force of interest 87 2t (t > 0). (t2 + 1) A deposit of GHS100,000 is made at time 2. Calculate the number of years from the time of deposit for the fund to double. At an effective rate of interest i and effective rate of discount d, show that; 1 at 1 d 1

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