Book: The theory of interest, Second Version,

Chapter I

Question 43: An investment is made for one year in a fund whose accumulation function a second degree polynomial. THe nominal rate of interest earned during the first half of the year is 5% convertible semiannually. THe effective rate of interest earned for the entire year is 7% Find Delta(.5)

Question 44: Find an expression for the fraction of a period at which the excess of accumulated values computed at simple interest over compound interest is a maximum.

Chapter I

Question 43: An investment is made for one year in a fund whose accumulation function a second degree polynomial. THe nominal rate of interest earned during the first half of the year is 5% convertible semiannually. THe effective rate of interest earned for the entire year is 7% Find Delta(.5)

Question 44: Find an expression for the fraction of a period at which the excess of accumulated values computed at simple interest over compound interest is a maximum.

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