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1) Find an expression for the exact effective rate of interest at which payments of $300 at that present, $200 at the end of one year, and $100 at the end of two years will accumulate to $700 at the end of 2 years.

2) It is known that an amount of money will double itself in 10 years at a varying force of interest delta(t)=kt. Find an expression for k.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92412650

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