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Business, 29.07.2020 03:01 Jasten

At time t= 0, Donald puts 1000 into a fund crediting interest at an annual nominal interest rate of i compounded semiannually At time t-2, Lewis puts 1000 into a different fund crediting interest at a force of δ=1/5+t for all t. At time t 16, the amounts in each fund will be equal. Note: In this problem, t is representing time in years. Calculate i.

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