Answer Happy

Posted: **Thu Feb 17, 2022 11:00 am**

: 3 The Accumulated Value At Time T In Years Of An Original Investment Of 1 Is Given By A T 1 02 1 15 A Loan Of 10 1 (23.62 KiB) Viewed 72 times

3. The accumulated value at time t, in years, of an original investment of 1 is given by a(t) = (1.02)1.15 A loan of $10,000 now at time t = 0 is to be paid back by five installments of equal amount. The installments are made at times t 2, ...,6. Find the amount of installment. = =