Problem #9: A deposit of $28,000 earns a continuous force of interest given by 0.036t for the first 3 years (t is time in years), and a constant force of 0.108 thereafter. What nominal quarterly compounding rate is earned over the first 6 years? Problem #9: Answer as a percentage, correct to 2 decimals.

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A: Given that $5000 deposited in savings account that earns interest at annual rate of 7.5% compounded…

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Q: What is a derivative table?

A: This is the application of calculus.

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Q: Suppose that $1,000 is invested at 5% interest compounded continuously. Use the formula A = Pert.…

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Q: Problem 2: Sami invests £12 000 for 5 years with a compound interest of 5% p.a. Find the value of…

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Q: suppose we put $2000 into an account earning 10% interest compounded continuously. how long will it…

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