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7. (10 points) Bruce deposits $X into a bank account. His account is credited at a nominal rate of interest of 4% convertible semiannually. At

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7. (10 points) Bruce deposits $X into a bank account. His account is credited at a nominal rate of interest of 4% convertible semiannually. At the same time, Peter deposits $X into a separate account. Peter's account is credited at a force of interest of: 84 t +1 After 10 years, the value of each account is the same. Calculate c

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