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(1 point) (Exercise 3.25) One annuity pays 11 at the end of each year for 32 years. Another annuity pays 12 at the end of

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(1 point) (Exercise 3.25) One annuity pays 11 at the end of each year for 32 years. Another annuity pays 12 at the end of each year for 16 years. The present values of both annuities are equal at effective rate of interest i. If an amount of money invested at the same rate i will double in n years, find n. n=

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