- 5 Fund A Has Force Of Interest 8t 024t Where T Is In Years While Fund B Earns A Nominal Discount Rate Of D 365 1 (16.8 KiB) Viewed 10 times
= 5) Fund A) has force of interest 8t .024t (where t is in years) while fund B) earns a nominal discount rate of d(365)
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
= 5) Fund A) has force of interest 8t .024t (where t is in years) while fund B) earns a nominal discount rate of d(365)
= 5) Fund A) has force of interest 8t .024t (where t is in years) while fund B) earns a nominal discount rate of d(365) compounded daily. Find d(365) if $100 is deposited at t = : 0 in both funds, and both funds have the same accumulated value when t = 3. Also find the equivalent effective annual interest rate for the 3 year period.