Suppose a(t) = 0.0015 (t-3) + 0.042 (1-2)³ + 1.2145. Calculate values of a(t) and the effective rate of interest, i, for integer values of t from 0 to 50 (no need for an effective rate at t = 0). Then graph the values of the effective rates of interest Round the a(t) values to 3 decimal points and round the interest rates to 2 decimal in percentage form. points

Suppose a(t) = 0.0015 (t-3) + 0.042 (1-2)³ + 1.2145. Calculate values of a(t) and the effective rate of interest, i, for integer values of t from 0 to 50 (no need for an effective rate at t = 0). Then graph the values of the effective rates of interest Round the a(t) values to 3 decimal points and round the interest rates to 2 decimal in percentage form. points

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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