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11. Jennifer deposits 1000 into a bank account. The bank credits interest at a nominal annual rate of i convertible semiannually for the first 12
11. Jennifer deposits 1000 into a bank account. The bank credits interest at a nominal annual rate of i convertible semiannually for the first 12 years and at a nominal annual rate of 2i convertible quarterly for all years thereafter. The accumulated amount in the account at the end of 4 years is X. The accumulated amount in the account at the end of 18 years is 1600. Calculate X
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