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5. Jeff puts $100 into a fund that pays an effective annual rate of discount of 20% for the first two years and the force

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5. Jeff puts $100 into a fund that pays an effective annual rate of discount of 20% for the first two years and the force of interest 0 = 278: 25154 for the next two years. At the end of four years, the amount in Jeff's account is the same as what it would have been if he put $100 into an account paying interest at the nominal rate of i per annum compounded quarterly for four years. Calculate i. i = 29.525 % 5. Jeff puts $100 into a fund that pays an effective annual rate of discount of 20% for the first two years and the force of interest 0 = 278: 25154 for the next two years. At the end of four years, the amount in Jeff's account is the same as what it would have been if he put $100 into an account paying interest at the nominal rate of i per annum compounded quarterly for four years. Calculate i. i = 29.525 %

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