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| rev | Admin | (Created page with "Bruce deposits 100 into a bank account. His account is credited interest at an annual nominal rate of interest of 4% convertible semiannually. At the same time, Peter deposits 100 into a separate account. Peter’s account is credited interest at an annual force of interest of δ .After 7.25 years, the value of each account is the same. Calculate δ . <ul class="mw-excansopts"> <li>0.0388</li> <li>0.0392</li> <li>0.0396</li> <li>0.0404</li> <li>0.0414</li> </ul> {{soa...") | Nov 17'23 at 21:37 | +494 |