Fill This Form To Receive Instant Help
Homework answers / question archive / A deposit of $12,000 earns a continuous force of interest given by 0
A deposit of $12,000 earns a continuous force of interest given by 0.03t for the first 5 years (t is time in years), and a constant force of 0.15 thereafter. What nominal quarterly compounding rate is earned over the first 7 years? Problem #9: Answer as a percentage, correct to 2 decimals. Just Save Submit Problem #9 for Grading