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3/ Bonnie deposit 1,800 into a saving account at time 0. the savings account pay simple interest at an annual rate of i Clyde deposits
3/ Bonnie deposit 1,800 into a saving account at time 0. the savings account pay simple interest at an annual rate of i
Clyde deposits 1,000 into different savings accounts at time 0. Clyde's saving account pays interest at an annual effective rate of i.
Bonnie and Clyde earn the same amount of interest during the 7th year
Calculate i.
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