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11. You are given: 1) Fund X pays interest at the rate of 6% convertible monthly. ii) Fund Y pays interest at a force of
11. You are given: 1) Fund X pays interest at the rate of 6% convertible monthly. ii) Fund Y pays interest at a force of interest &= 1/(t+ 12) iii) Ron deposited P into each fund. iv) At the end of twelve years, the accumulated amount in fund X was 2, 000 and the accumulated amount in fund Y was Z. Determine Z
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