A 10-year annuity is payable continuously at the annual rate of $1. 2 Find the present value of this 100+ 5t The force of interest at time t is 8(t)=- annuity.

Trigonometry (MindTap Course List)
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ISBN:9781337278461
Author:Ron Larson
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Chapter6: Topics In Analytic Geometry
Section: Chapter Questions
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A 10-year annuity is payable continuously at the annual rate of $1.
2
The force of interest at time t is 8(t) =
annuity.
100+ 5t
. Find the present value of this
Transcribed Image Text:A 10-year annuity is payable continuously at the annual rate of $1. 2 The force of interest at time t is 8(t) = annuity. 100+ 5t . Find the present value of this
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