Question: Suppose that the accumulation function is given by a (t) = 1+0.09t where the unit fort is a year. Calculate the accumulated value of a

Suppose that the accumulation function is given by a (t) =

Suppose that the accumulation function is given by a (t) = 1+0.09t where the unit fort is a year. Calculate the accumulated value of a 4-year annuity-immediate at t=4. Round the answer to the nearest hundredth dollar. Suppose that the accumulation function is given by a (t) = 1+0.09t where the unit fort is a year. Calculate the accumulated value of a 4-year annuity-immediate at t=4. Round the answer to the nearest hundredth dollar

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