Question: SESSION ACTIVITIES Activity 2.1 1. Calculate the time in days for 1,500 to accumulate to 1,550 at (a) Simple rate of interest of 5% per

 SESSION ACTIVITIES Activity 2.1 1. Calculate the time in days for

SESSION ACTIVITIES Activity 2.1 1. Calculate the time in days for 1,500 to accumulate to 1,550 at (a) Simple rate of interest of 5% per annum, (b) A force of interest of 5% per annum 2. The force of interest 8t is a function of time and at any time t, measured in years, is given by the formula 0.04 0

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