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1. Given an effective interest rate of 9%, determine the equivalent nominal interest rate compounded quarterly.

2. Given a nominal interest rate of 9% compounded quarterly, determine the equivalent constant force of interest.

3. At time 0, $1000 is deposited into a fund that accumulates at a force of interest delta t = (0.5)/(t+1)^2.

Find the accumulated value at time 4

Financial Management, Finance

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  • Reference No.:- M92653606

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