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CT1: Q&A part 1 Q1.24

Discussion in 'CT1' started by Theo34, Feb 20, 2018.

  1. Theo34

    Theo34 Member

    Hello guys, I have been working through the question below. I need clarification. can anyone help?

    question
    I invest £450 for 13 months at i = 0.09, then switched to an investment that pays interest at a force of interest = 0.086178 for 11 months and then force of interest = 0.113329 for two years. How much has my investment accumulated to?
     
    Theo34, Feb 20, 2018
    #1
  2. John Lee

    John Lee ActEd Tutor Staff Member

    I'm not sure what clarification you need - it seems pretty clear unless you want it to explicitly say "after 4 years" at the end?
     
    John Lee, Mar 1, 2018
    #2

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