At time 0, we deposit 300 into an account that earns with force of interest 2t + 3t2. How much is in the third account at the end of year 3.

EBK CFIN
6th Edition
ISBN:9781337671743
Author:BESLEY
Publisher:BESLEY
Chapter4: Time Value Of Money
Section: Chapter Questions
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3. At time 0, we deposit 300 into an account that earns with force of interest 2t + 3t2. How much is in
the third account at the end of year 3.
Transcribed Image Text:3. At time 0, we deposit 300 into an account that earns with force of interest 2t + 3t2. How much is in the third account at the end of year 3.
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