Given an annual rate of payment of f (t) = 400t³ at time t for 2 years and a force of interest d= .04t³. Find the PV of this continuously varying payments annuity. Possible Answers A 1360 B с D E 1398 1330 1425 1479
Given an annual rate of payment of f (t) = 400t³ at time t for 2 years and a force of interest d= .04t³. Find the PV of this continuously varying payments annuity. Possible Answers A 1360 B с D E 1398 1330 1425 1479
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:Given an annual rate of payment of f (t) = 400t³ at time t for 2 years
and a force of interest St
.04t³. Find the PV of this continuously
=
varying payments annuity.
Possible Answers
A
B
C
1360
1398
1330
D 1425
E 1479
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