Mathematics, 26.07.2020 01:01 amiraapplewell
At time, t=0, Billy puts 625 into an account paying 6% simple interest. At the end of year 2, George puts 400 into an account paying interest at a force of interest, δt=16+t for t≥2. If both accounts continue to earn interest indefinitely at the levels given above, the amounts in both accounts will be equal at the end of year n. Calculate n.
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At time, t=0, Billy puts 625 into an account paying 6% simple interest. At the end of year 2, George...
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