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Fund a accumulates at a rate

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Reference no: EM131781994

Fund A accumulates at a rate of 15 % convertible monthly. Fund B accumulates with force of interest of δ=t/19 for all t. At time t = 0, $ 1 is deposited in each fund. The positive time, in years, that the two funds are equal is denoted by T. Calculate T.

Reference no: EM131781994

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