Question: will rate thumbs up thanks! 2. (10 points) K is deposited in to a fund at time t = 0. If the fund accumulates by

will rate thumbs up thanks! will rate thumbs up thanks! 2. (10 points) K is deposited in

2. (10 points) K is deposited in to a fund at time t = 0. If the fund accumulates by the constant force of interest 8, the initial deposit accumulates to twice its original amount in 40 years. (a) Find i, (2), d, 8,d(2) (b) If the constant force of interest is cut in half, how long will it take for the initial deposit to accumulate to twice its original amount

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Theodore E. Lariat is a single taxpayer born on September 22, 1974. He was appointed the new coach of the Nashville Country Stars soccer team in January 2022. His address, Social Security number and...

will rate thumbs up thanks! 1. (10 points) Fund X accumulates by the force of interest 8x (t) = 2t 1 + 2 and Fund Y accumulates by the force of interest 3t2 oy (t) = 1+ 3 1 is deposited in to each of...

1. At time zero, K is deposited into Fund X that grows according to the force of interest dx (t) = 0.10 for t > 0. At time zero, K is deposited into Fund Y that grows by the constant force of...

answer all Makeover Inc. believes that at its current stock price of $16.00 the firm is undervalued in the market. Makeover plans to repurchase 2.4 million of its 20 million shares outstanding. The...

4. Suppose a fund accumulates according to the force of interest 8 (t) = et (10 - t) Ost s 10 0.05 t > 10 where c > 0. A deposit in the amount of 5000 is made at the end of two years, and a deposit...

Suppose a fund accumulates according to the force of interest 8 (t) = { ct (10-t) 0t 10 0.05 t> 10 where c> 0. A deposit in the amount of 5000 is made at the end of two years, and a deposit of 10,000...

2. (10 points) At time 0, suppose that X is invested in Fund A which accumulates at an interest rate of R% compounded monthly. After seven years, the amount in fund A is 3x. Suppose that 800 is...

Can you help me with these last few problems please? Thanks! 7. (8 points possible) ( 2 points each) a. $1000 invested for 5 years with simple annual interest of 10% would have a future value of...

1. The current price of a bond is 100. The instantaneous rate of change or derivative of the price of the bond with respect to the yield rate is -700. The yield rate is an annual effective rate of...

P11 rest to follow, thanks. If possible, due within 72 hours. Practical 11 - step by step please 1. A R1 000 is deposited inh a bank in May and withdrawn in October the same year. Find the future...

1. A 20-year annuity immediate pays 100 the first year and increases by 100 a year through year 10. Starting in year 11 each yearly payment is 5% greater than the previous payment. The annuity earns...

On October 31, 2021, the account balances Account Titles Cash Accounts Receivable Trial Balance October 31, 2021 No. 101 112 126 Supplies 153 154 Accumulated Depr. - Equip. 201 209 212 311 320 330...

Consider the function f that is continuous on the interval [-4, 4] and for which the following is true. Evaluate each integral. [*[F(x) (a) (b) f(x) dx = 7 (d) [f(x) + 2] dx [r(x + 3) d dx (c) [*r(x)...

Let A b e the region bounded b y f ( x ) = ( a r c t a n ( x ) ) 2 , x = 1 and the x - axis. Find the volume o f the solid with base A and whose cross - sections parallel t o the y - axis are...

Benjamin Cooper hired you as a performance management consultant. You are asked to evaluate the seven salespersons, using the information provided in the case materials. Rank these seven salesperson....

Questions: 2. (a) Describe the norming stage. (300 words) (b) How might Nathan Decker lead effectively as the team starts norming? (300 words) Use references if applicable Evo Teamwork Summary: For...

Assume once again that you are a consultant who works for the Diligent Consulting Group. Generate a 95% confidence interval for the following two variables by hand: "Annual Amount Spent on Organic...

Hexane has overflowed from a storage tank into secondary containment. The pit is square with a length of 4 m on each side. The hexane layer is 10 cm thick at the bottom of the pit. We can assume that...

51. Match List-I with List-Il and select the correct answer using the code given below the list. Column I Column-II The lines y = 0: y 1; x 6y + 4 =0 and x + |-9-0 constitute a figure which is The...

ACCT308 Advanced Management Accounting Fall 2022 Case The following Press Release was issued on July 28, 2016 by Restaurant Brands International: RESTAURANT BRANDS INTERNATIONAL INC. ANNOUNCES MASTER...

2. Take as your starting point a conflict you experienced recently with a close friend. Try to go through the communication that took place and answer the following questions: a) What was the main...

2. In this chapter, the reader should reflect on the following concepts: Differences, relationships, processes, patterns, contexts, symmetrical rela-tionships, complementary relationships, linear...

1. Discuss the following statement: Everything is seen, heard and said by a subject, and accordingly is subjective.