Given : A fund that starts with a zero balance with time zero. Fund accumulates with a varying
force of interest.
The formula for the function is given:
A $100,000 is deposited at time 2.
To find: No. of years from the time of deposit for the fund to double.
Solution
:In case of a fixed rate of interest, it gradually decreases in relation to its value as time increases.
The interest on interest is also accumulated.
With the given function, t>0 and deposit is made at time 2. i.e when t=1.
Substitute the value of t in the function, we get,
Del(t)= 2*(1)/((1^2 + 1) =1
No of years for fund to double is 1 year..
The Liver & Gallbladder (Anatomy & Physiology).pptx
Given A fund that starts with a zero balance with time zero. Fund .pdf
1. Given : A fund that starts with a zero balance with time zero. Fund accumulates with a varying
force of interest.
The formula for the function is given:
A $100,000 is deposited at time 2.
To find: No. of years from the time of deposit for the fund to double.
Solution
:In case of a fixed rate of interest, it gradually decreases in relation to its value as time increases.
The interest on interest is also accumulated.
With the given function, t>0 and deposit is made at time 2. i.e when t=1.
Substitute the value of t in the function, we get,
Del(t)= 2*(1)/((1^2 + 1) =1
No of years for fund to double is 1 year.
