The force of interest, X, at time ,t, is given by X(t) = 0.02 for 0 < t< 5 and X(t) = 0.05 for t ≥ 5 Calculate the present value at time 0 of payment stream of £600 per unit time payable continuously between time 2 and time 14. no tables, only formulas, please
The force of interest, X, at time ,t, is given by X(t) = 0.02 for 0 < t< 5 and X(t) = 0.05 for t ≥ 5 Calculate the present value at time 0 of payment stream of £600 per unit time payable continuously between time 2 and time 14. no tables, only formulas, please
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Topics In Analytic Geometry
Section: Chapter Questions
Problem 33CT
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The force of interest, X, at time ,t, is given by X(t) = 0.02 for 0 < t< 5 and X(t) = 0.05 for t ≥ 5
Calculate the present value at time 0 of payment stream of £600 per unit time payable continuously between time 2 and time 14. no tables, only formulas, please
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can you do the same but given that X(t) = 0.03 for 0 < t< 5 and X(t) = 0.08 for t ≥ 5 and payment stream of £650, thanks
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