Fund A) has force of interest δt = 4kt (where t is in years) while fund B) earns a nominal discount rate of 4% compounde
Posted: Sun Jul 03, 2022 1:02 pm
Fund A) has force of interest δt =4kt (where t is in years) while fund B) earns anominal discount rate of 4% compounded daily. Find k if$100 is deposited at t = 0 in both funds, and both fundshave the same accumulated value when t = 3.