Question: Two funds, X and Y start with the same amount. Given the information below, calculate i. i) Fund X accumulates at a force of interest
Two funds, X and Y start with the same amount. Given the information below, calculate i. i) Fund X accumulates at a force of interest of 14 % . ii) Fund Y accumulates at a rate of interest i , compounded quarterly . iii) At the end of 5 years, fund X is 1.14 times as large as Fund Y
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