Answer to Question #128239 in Financial Math for shiva

Question #128239

The force interest is given by (t)={0.04,0<t</=1 0.05t-0.01,1<t</5 0.24,t>5 

What is the accumulated value at anytime (t>0)of investment of 1 at times 0,4 and 6? 

What is present value at time, t =0 of a payment stream paid at a rate of p(t)=5t-1 received between t=1 and t=5


1
Expert's answer
2020-08-09T17:32:14-0400
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