Answer to Question #220037 in Financial Math for Lucifer

Question #220037

𝛿(𝑡) = {

0.01 + 0.01𝑡 0 ≤ 𝑡 < 4

0.15 − 0.003𝑡2 4 ≤ 𝑡 < 6

0.06 𝑡 ≥ 6

(i) Find the expression for the value at time 𝑡 = 0 of a payment of $100 at time �

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