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Smith forecasts that interest rates will rise over a 5-year period according to a force of interest function given by delta = .08 + .025t/(t+1) for 0<=t<=5.

User Sandeep Pal
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Explanation:

if p(A)=0.17, p(B)=0.42 and p(AorB)=0.59, are A and B mutually exclusive

User Seth Warburton
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