A person invests $100 today and $200 twenty years later. Interest is credited at a nominal interest rate of i(52) compou

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answerhappygod
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A person invests $100 today and $200 twenty years later. Interest is credited at a nominal interest rate of i(52) compou

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A person invests $100 today and $200 twenty years later.Interest is credited at a nominal interest rateof i(52) compounded weekly for the first 15 years, andthen interest is credited at a nominal discount rate of .06compounded monthly for the next 25 years. Find i(52) ifthe account has $2, 000 at the end of 40 years.
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