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Determine k for fund earns interest

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Question 1: A fund earns interest at a force of interest ot = kt. A deposit of 100 at time t = 0 will grow to 250 at the end of 5 years. Determine k.

Option A 08 In (3.5)

Option B 20 In (2.5)

Option C .08 In (2.5)

Option D In (2.5) / .08

Option E In (2.5)

Reference no: EM132640861

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Determine k for fund earns interest : A fund earns interest at a force of interest ot = kt. A deposit of 100 at time t = 0 will grow to 250 at the end of 5 years. Determine k.
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