Analytically it was determined that the force of interest

Last updated: 2/13/2023

Analytically it was determined that the force of interest for Buffet s investments is 8 0 02t 0 10 0 t 10 t is in years Munger s investments grow much like Buffet s yet with a constant effective interest rate Munger s annual effective interest rate is the average compounded yearly produced using Buffet s varying force of interest for 10 years Assuming an initial investment of 1 what would Buffet s fund grow to after 10 years nearest 0 01 What is the annual effective rate of interest nearest 0 01 Munger achieves What is the accumulated value at the end of 3 0 years for Munger s fund