subject
Mathematics, 19.10.2021 01:00 alaynajk04

The force of interest d ( )t is a function of time and at any time t , measured in years, is given by the formula:
d Ï + £< = Ì
Ó £
0.04 0.02 0 5 ( ) 0.05 5
t t
t
t
(i) Derive and simplify as far as possible expressions for v t( ) , where v t( )
is the present value of a unit sum of money due at time t . [5]
(ii) (a) Calculate the present value of £1,000 due at the end of 17 years.
(b) Calculate the rate of interest per annum convertible monthly implied
by the transaction in part (ii)(a). [4]
A continuous payment stream is received at a rate of 0.01 10 t e units per
annum between t = 6 and t = 10 .
(iii) Calculate the present value of the payment stream.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 19:30
[15 points]find the least common multiple of the expressions: 1. 3x^2, 6x - 18 2. 5x, 5x(x +2) 3. x^2 - 9, x + 3 4. x^2 - 3x - 10, x + 2 explain if possible
Answers: 1
question
Mathematics, 21.06.2019 20:20
20 solve 2(4 x + 3) < 5 x + 21. a) { x | x < 9} b) { x | x > -5} c) { x | x > -9} d) { x | x < 5}
Answers: 2
question
Mathematics, 21.06.2019 20:30
Find the magnitude, correct to two decimal places, made by each of the following with positive direction of the x axis a) y= x the answer is 45° but i don’t know how
Answers: 2
question
Mathematics, 21.06.2019 21:30
Answer! if you don’t mind, can you explain
Answers: 1
You know the right answer?
The force of interest d ( )t is a function of time and at any time t , measured in years, is given...
Questions
question
Mathematics, 01.07.2021 20:40
question
Social Studies, 01.07.2021 20:40
Questions on the website: 13722367