3) Fund A) has force of interest d = 4kt (where t is in years) while fund B) earns a nominal discount rate of 4% compoun
Posted: Sun Jul 03, 2022 6:51 am
3) Fund A) has force of interest d = 4kt (where t is in years) while fund B) earns a nominal discount rate of 4% compounded daily. Find k if $100 is deposited at t= 0 in both funds, and both funds have the same accumulated value when t = 3.